Nvidia and OpenAI's $100-billion deal sparks global chip stock rally

Nvidia and OpenAI's $100-billion deal sparks global chip stock rally

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Nvidia and OpenAI's $100-billion deal sparks global chip stock rally

Summary

OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and...

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., the company that manufactures chips for Nvidia, as well as memory supplier SK Hynix, were higher in Asia.