Lates News

In early trading on Tuesday, the Dow Jones Industrial Average component stock NVIDIA Corporation (NASDAQ:NVDA) fell by 2.2%. Some investors were skeptical after the company announced on Monday that it would invest up to $1 billion in OpenAI. They were concerned that this move might prioritize providing artificial intelligence chips to OpenAI, leading to a rift in trust between NVIDIA and major customers including Microsoft, Meta, and Amazon, and further reducing their dependence on NVIDIA.