ETFs to Buy as NVIDIA Nears $30 Billion Investment in OpenAI
Key Takeaways NVIDIA is set to invest $30B in OpenAI, shifting from a prior $100B infrastructure deal.The equity move secures GPU demand and protects NVIDIA's CUDA ecosystem amid AI volatility.ETFs like SMH and XLK hold NVIDIA as a top weight, offering diversified AI exposure. In a significant strategic pivot, NVIDIA (NVDA) is reportedly in the final stages of negotiating a $30 billion equity investment in OpenAI, part of a blockbuster funding round that could value the ChatGPT maker at approximately $730 b ...