Nvidia’s $100B OpenAI Bet Earns Rave Reviews from Bank of America and Rosenblatt Analysts

Nvidia just placed a $100 billion chip on OpenAI—and Wall Street's biggest players are cheering from the sidelines.

The AI Arms Race Heats Up

Bank of America and Rosenblatt analysts are throwing their weight behind Nvidia's massive bet, calling it a strategic masterstroke in the trillion-dollar AI infrastructure war. The move positions Nvidia not just as a hardware supplier but as a fundamental architect of tomorrow's intelligence landscape.

Silicon Valley's New Power Play

This isn't just about chips—it's about controlling the entire AI stack. Nvidia's $100 billion wager demonstrates how tech giants are bypassing traditional venture capital routes and placing direct infrastructure bets that could reshape entire industries overnight. Because when you're playing with monopoly money, why not build the casino too?

The analysts' endorsement signals that mainstream finance finally understands what crypto natives have known for years: the real value isn't in the applications—it's in the digital railroads they run on.

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Top Bank of America Analyst Weighs in on Nvidia-OpenAI Partnership

Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia stock with a price target of $235. The 5-star analyst noted that the partnership includes a letter of intent for Nvidia to be involved in at least 10 GW of systems, starting in the second half of 2026 with the company’s Vera Rubin platform, which he estimates could generate about $300 billion to $500 billion in revenue over time, or roughly a 3x to 5x return on investment (ROI).

Arya also highlighted a key aspect of the deal, in which OpenAI will work with Nvidia as a preferred strategic compute and networking partner. The analyst added that, although no specific share is specified, the deal indicates higher competitive risks for other chip providers, including Broadcom (AVGO) and Advanced Micro Devices (AMD).

However, Arya thinks that “the optics of such large investment in a customer will raise questions” until Nvidia clarifies the accounting treatment for this transaction. 

Rosenblatt Analyst Cheers Nvidia’s $100B Investment in OpenAI

Likewise, Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Nvidia stock with a price target of $215. The 5-star analyst noted that the partnership is mutually beneficial, with Nvidia securing OpenAI’s continued model development on its hardware and software ecosystem, while OpenAI gains access to a massive investment from the chip company to accelerate growth and ensure GPU deliveries.

Mosesmann noted that Nvidia’s free cash FLOW estimate for Fiscal 2026 is around $100 billion, making the scale of the company’s investment in OpenAI feasible. He stated that the deal reflects Nvidia’s “aggressive pursuit of its AI Factory vision,” capitalizing not only on its technological leadership but also on its financial strength to bolster its dominance in the AI market.

However, Mosesmann thinks that certain key questions remain unanswered. These include the time required to deploy 10 GW of infrastructure and the level of ROI that NVIDIA can expect.

Is NVDA Stock a Good Buy Right Now?

Wall Street has a Strong Buy consensus rating on Nvidia stock based on 37 Buys, two Holds, and one Sell recommendation. The average NVDA stock price target of $211.97 indicates 15.5% upside potential from current levels. NVDA stock has risen 37% year-to-date.