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Benzinga
Benzinga
Business
Piero Cingari

Nvidia Is Now An AI Hedge Fund—But Goldman Says The Math May Not Work

Nvidia OpenAI Nasdaq James Schneider Gold INTC Intel Corporation NVDA Goldman Sachs
SoftBank, Nvidia Invest

Nvidia Corp. (NASDAQ:NVDA) is doubling down on AI with multibillion-dollar bets in startups like OpenAI and established businesses like Intel Corp. (NASDAQ:INTC); yet, analysts are beginning to highlight that part of that revenue could be looping back in disguise.

Last month, Nvidia pledged up to $100 billion in funding for OpenAI. It directed an additional $5 billion into Intel, deepening its dual role as both supplier and investor.

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