- Nvidia’s shares slipped on Monday after a deal between the chip giant and OpenAI appeared to be in question.
- The tech giant had announced plans in September to invest up to $100 billion into the AI startup.
- However, Nvidia’s CEO, Jensen Huang, recently criticized OpenAI’s business strategy and cast doubt on how much will be invested.
Nvidia’s stock fell in early trading Monday after reports emerged that the chipmaker’s plans to invest $100 billion into OpenAI were stalled.
The semiconductor giant’s shares were down 1.1% as of 11:18 a.m. ET. Company insiders said there was uncertainty about a deal between Nvidia and OpenAI, according to a Wall Street Journal report on Friday, citing people familiar with the matter.
Source: https://www.cnbc.com/2026/02/02/nvidia-stock-price-openai-funding.html