Nvidia Says OpenAI Deal Is Still Not Finalized

Core Insights - Nvidia's stock has surged following an earnings beat, positively impacting the broader market [1] - The strategic partnership with OpenAI is not yet finalized, with Nvidia indicating uncertainty regarding the investment [2] Group 1: Nvidia's Earnings and Market Impact - Nvidia's recent earnings report exceeded expectations, leading to a significant increase in its stock price [1] - The positive performance of Nvidia has contributed to a broader market rally [1] Group 2: OpenAI Partnership Details - Nvidia announced a letter of intent to invest up to $100 billion in OpenAI to enhance AI data center capacity [2] - The company has stated that there is no assurance of entering into definitive agreements regarding the OpenAI partnership or other potential investments [2] - Nvidia's latest 10-Q filing highlights the uncertainty surrounding the timing and amount of capital that may be invested in strategic partnerships [2]