Nvidia’s (NVDA) plan to invest $100B in OpenAI has helped reset market expectations about the startup’s finances, a familiar play for Nvidia, Robbie Whelan and Bradley Olson of The Wall Street Journal reports. CEO Jensen Huang has repeatedly used the confidence investors have in Nvidia’s future to strengthen the company’s supply chain partners. The deal highlights an issue some investors call “circularity” in Nvidia’s prospects, where the company boosts demand for its AI chips by supporting startups and other companies.
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