Group 1 - Tesla's stock price reached an eight-month high, increasing nearly 3%, with Piper Sandler analyst Alexander Potter raising the price target to $500 from $400, citing artificial intelligence (AI) as a key factor [5] - Nvidia announced plans to invest up to $100 billion in OpenAI, marking its largest investment commitment to date, aimed at supporting large-scale AI data center construction as part of a strategic partnership [5][6] - Goldman Sachs raised the target price for SMIC, increasing the 12-month target for its H-shares from HKD 73.1 to HKD 83.5, driven by the growing demand for AI chips in China [6] Group 2 - IREN Limited announced a purchase of approximately $670 million worth of Nvidia and AMD GPUs to boost its AI cloud growth, including 7,100 Nvidia B300 GPUs and 4,200 Nvidia B200 GPUs [10][11] - IREN's CEO highlighted the rapid increase in GPU capacity to over 23,000 units, emphasizing the company's ability to meet urgent long-term demand and support its AI cloud revenue target of over $500 million by Q1 2026 [11]

Core Insights - Nvidia plans to invest up to $100 billion in OpenAI, marking its largest investment commitment to date [1] - The investment aims to support the large-scale construction of AI data centers as part of a "milestone strategic partnership" between the two companies [1] - OpenAI intends to purchase millions of Nvidia's AI processors as part of this deal [1] Investment Details - The investment will be made in cash and will involve Nvidia gradually acquiring equity in OpenAI as its systems are deployed [1] - The first phase of the infrastructure agreement is set to launch in the second half of 2026, featuring Nvidia's next-generation "Vera Rubin" chip system, which follows the existing Blackwell technology [1] Strategic Implications - OpenAI's CEO, Sam Altman, emphasized that computing infrastructure will be foundational for the future economy, and the collaboration aims to create new AI breakthroughs and empower individuals and businesses on a large scale [1] - This partnership helps Nvidia maintain its core position in AI system construction, especially as OpenAI explores hardware development, including self-developed chips [1] - Retaining OpenAI as a major customer may strengthen Nvidia's market position against competitors' components [1]