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‘Wasn’t a Commitment,’ Nvidia Stock (NVDA) Drops as OpenAI Deal Looks Dicey

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Nvidia’s stock is down roughly 2% in pre-market hours on Monday.

‘Wasn’t a Commitment,’ Nvidia Stock (NVDA) Drops as OpenAI Deal Looks Dicey

Shares of Nvidia (NVDA) fell on Monday as investors reacted to renewed doubts over the company’s $100 billion OpenAI deal, after the Wall Street Journal reported ai-strategy">the deal is on hold. However, Nvidia CEO Jensen Huang clarified while speaking to reporters in Taipei, Taiwan, that the proposed investment was “never a commitment” and said the company will “invest one step at a time.”

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