CONCLUDED Nvidia Stock Surges on Earnings Beat, Boosting the Broader Market Too Last Updated: 2 hours ago Nvidia Says OpenAI Deal Is Still Not Finalized Customer Center By Tae Kim Nvidia's newly announced strategic partnership with OpenAI has not been finalized. "There is no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity or other potential investments, or that any investment will be completed on expected terms, if at all,†Nvidia said in its latest 10-Q filing ...

Wall Street continues to try and stay ahead of the hot-handed IREN (IREN) after yesterday's $9.7 billion agreement with Microsoft (MSFT) to supply 200 megawatts (MW) of AI data center capacity. The company's biggest sell-side fan is Cantor Fitzgerald's Brett Knoblauch. Bullish on the stock this past summer when it was trading for $10 and continually hiking his price target since, Knoblauch yesterday raised again, this time to $142 from $100. That implies more than a 100% upside from yesterday's close of $ ...

Applied Digital Corp (NASDAQ:APLD) has inked one of the biggest capacity expansions yet in the AI data center race. Chief Executive Wes Cummins confirmed during Applied's latest earnings call that the company expanded its long-term lease with CoreWeave Inc (NASDAQ:CRWV) to 400 megawatts, bringing the total contract value to approximately $11 billion.Track APLD stock here.700 Megawatts Under ConstructionApplied Digital currently has “700 megawatts under construction,” Cummins told investors. The company has ...