NVIDIA on the Rise Thanks to OpenAI's Billion-Dollar Plans

The stock of NVIDIA Corporation (NASDAQ: NVDA) is once again moving towards its all-time high, and there is a solid reason for it. The AI company OpenAI, known for ChatGPT, is planning an unprecedented wave of investments in gigantic data centers. These initiatives promise not only to elevate the global infrastructure for AI to a new level but also represent an enormous source of demand for NVIDIA's high-performance hardware. Data centers worth $50 billion per location At the recent quarterly conference, NVIDIA CEO Jensen Huang made it clear...