Nvidia shares are down after report that its OpenAI investment stalled
cnbc.com
February 2, 2026
3 min read
Summary
Nvidia's stock dropped 1.1% following reports that its $100 billion investment in OpenAI is stalled. Uncertainty surrounding the deal has been reported by company insiders.
Key Takeaways
- Nvidia's stock dropped 1.1% following reports that its $100 billion investment in OpenAI is stalled due to uncertainty about the deal.
- Nvidia's CEO, Jensen Huang, indicated that the investment is nonbinding and criticized OpenAI's business strategy while expressing confidence in the company's potential.
- Huang confirmed that Nvidia will make a significant investment in OpenAI, likely the largest in the company's history, but clarified it would not exceed $100 billion.
- Concerns about "circular financing" in the AI sector are influencing Nvidia's investment strategy and negotiations with OpenAI.
Community Sentiment
NegativePositives
- Nvidia's gradual investment strategy in OpenAI ensures that financial support is tied to tangible infrastructure improvements, which could stabilize their partnership.
Concerns
- The limited financial support from Nvidia is perceived as insufficient for OpenAI's needs, raising concerns about the sustainability of their collaboration.
- There are fears that the current AI investment landscape resembles a bubble, with companies like Microsoft and Oracle potentially facing severe repercussions from overprovisioning and unrealistic revenue projections.
Source
cnbc.com
Published
February 2, 2026
Reading Time
3 minutes
Relevance Score
55/100
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