Nvidia's $100 Billion OpenAI Bet Is A 'Validation Moment' For Tech Stocks: Analyst
Wedbush analyst Dan Ives said recent headlines around NVIDIA Corp (NASDAQ:NVDA) and OpenAI have intensified investor scrutiny, but he views the developments as constructive steps that reinforce the long-term momentum of the AI revolution. • NVIDIA stock is trading near recent highs. What should traders watch with NVDA?Nvidia's OpenAI Investment Under the MicroscopeIves said investor anxiety around circular financing and "too big to fail" concerns tied to OpenAI has turned Nvidia's planned investment into a ...