Nvidia (NVDA) CEO Huang says will invest USD 30bln in OpenAI; USD 100bln not in the cards as OpenAI IPO limits investment opportunity; USD 10bln investment in Anthropic probably will be the last, via MS Conference
- Last earnings were the single best print in history, you can't hold the stock back
- Compute equals revenues.
- Compute will equal GDP."
- Funding for the AI boom is crystal clear.
- "Three new growth vectors. OpenAI at AWS. Anthropic at both AWS and Azure. And MSL. [our] demand profile went from being incredibly high to higher than that". "Higher than "incredibly high" is bullish, my friends.
Context
Nvidia's CEO announcing a major investment in OpenAI, alongside indications that further large-scale funding is unlikely, signals a strategic pivot in their AI investment landscape. The positive sentiment surrounding their earnings and future demand for AI services illustrates Nvidia's growing role in the sector, potentially bolstering their position in software and semiconductor markets. The mention of decreased investment in competing firms like Anthropic implies a refinement of their focus, which could influence investor confidence and market dynamics.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#ASIA#EUROPE#MICROSOFT CORP#MSFT.US#NVIDIA CORP#NVDA.US#SOFTWARE#FOREX#EQUITIES#METALS#US SESSION#INITIAL PUBLIC OFFERING#GOLD#SYSTEMS SOFTWARE#SEMICONDUCTORS#METALS & MINING#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (GROUP)#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT#S&P 500 INDEX#NASDAQ 100 INDEX#NVDA#DXY#OPEN AI#US EQUITIES