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NVIDIA News Today
Market Milestones:
- NVIDIA's market capitalization has surpassed $5 trillion, marking it as the first company to achieve this valuation. This milestone underscores the company's pivotal role in the AI revolution and its dominance in the GPU market.
- NVIDIA announced a $5 billion investment in Intel. This collaboration aims to co-develop custom data center and PC products, integrating NVIDIA's AI and accelerated computing platforms with Intel's CPU and x86 ecosystem.
- NVIDIA has pledged up to $100 billion to support OpenAI's next-generation AI infrastructure. This investment will facilitate the deployment of at least 10 gigawatts of NVIDIA-powered systems, with the first phase expected to launch in the latter half of 2026.
- NVIDIA has secured exclusive access to Taiwan Semiconductor Manufacturing Co.'s upcoming A16 process node. This collaboration is set to enhance the performance and energy efficiency of chips used in AI and high-performance computing applications.
- The U.S. Department of Justice has initiated an antitrust investigation into NVIDIA following complaints from competitors. The probe focuses on allegations that NVIDIA may be leveraging its market dominance to unfairly influence customer choices and suppress competition.
- NVIDIA's stock has experienced significant growth, with analysts expressing optimism about the company's future. Goldman Sachs has raised its 12-month price target for NVIDIA to $240, citing strong demand for AI infrastructure and the upcoming Rubin architecture.
- Current stock price: $202.49 USD with a change of -0.33 USD (-0.00%) from previous close.
Strategic Investments and Partnerships:
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The prompt for this was: nvidia news today
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