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Benzinga
Benzinga
Business
Anusuya Lahiri

What Is Going On With Nvidia Stock On Monday?

Nvidia OpenAI Nasdaq NVDA Intel Corporation Broadcom
Nvidia stock rising

Nvidia (NASDAQ:NVDA) stock gained on Monday after it announced that it has moved to expand its decade-long collaboration with OpenAI by signing a letter of intent for a strategic partnership. The companies plan to deploy at least 10 gigawatts of Nvidia systems to build OpenAI’s next-generation AI infrastructure, a leap toward training and running models on the path to superintelligence. NVIDIA is committed to investing up to $100 billion in OpenAI as these systems roll out, with the first phase likely to go live in the second half of 2026 using the new Nvidia Vera Rubin platform.

Also Read: Nvidia’s Bold Move Catapults Intel To The Heart Of AI Innovation

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