OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 million graphics processing units. Stocks including Taiwan Semiconductor Manufacturing Co.

Nvidia's rise on Monday spurred a bigger rally that boosted the S&P 500 to a new record. The chip titan will invest $100 bilion in ChatGPT maker OpenAI.

Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers with the chip maker's chips.

Chipmaker Nvidia will invest up to $100 billion in OpenAI and provide it with data center chips, the companies said on Monday, a tie-up between two of the highest-profile leaders in the global artificial intelligence race.

Huawei unveiled a three-year plan to rival Nvidia in AI chips, touting SuperPods that link thousands of Ascend processors with 62x faster data speeds.

For example, the PNY RTX 5060 Ti with 16GB of VRAM is now down to $379, which is $50 below MSRP. PNY's RTX 5080 is also enjoying a massive discount, coming in at $929 or $70 below MSRP.

NVIDIA, the AI boom's $4 trillion chipmaker, is now betting on quantum computing—despite doubts about how soon the technology will pay off.

Megacap technology stocks came under pressure Tuesday, keeping all three major stock indexes from hitting fresh intraday records on a light day for economic data. Shares of Nvidia Corp. were tumbling more than 3% a day after the chip maker announced a $100 billion investment in OpenAI.