NVIDIA Corp

NVDA: XNAS (USA)
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Nvidia: Maintaining $280 Fair Value Estimate as Reported Backstop for OpenAI Might Be Raising Fears

The Wall Street Journal reported that Nvidia is in discussions to provide a roughly $250 billion backstop for OpenAI as part of a massive data center project in Ohio. The report suggests that the backstop will allow OpenAI, still a privately owned startup, to receive better financing terms.

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