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Nvidia and Meta Forge Expansive GPU Partnership, Boosting NVDA Stock

Nvidia and Meta Forge Expansive GPU Partnership, Boosting NVDA Stock

Published:
2026-02-18 16:56:02
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BTCCSquare news:

Nvidia (NVDA) shares climbed 2.7% to $189 following news of a multiyear GPU supply deal with Meta (META). The partnership will deploy millions of Blackwell and Rubin GPUs across Meta's data centers and Nvidia Cloud Partners like CoreWeave. While financial terms remain undisclosed, the collaboration underscores Meta's commitment to industrial-scale AI infrastructure.

Wall Street anticipates continued momentum for Nvidia, with Citigroup raising its price target ahead of expected second-half 2026 performance. The deal reinforces Nvidia's dominance in powering large-scale AI systems, as CEO Jensen Huang noted Meta's unique position deploying AI for billions of users.

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