Nvidia's tentative deal to invest up to $100 billion in ChatGPT maker OpenAI isn't a form of vendor financing but does shore up the chipmaker's path to $1 trillion in data-center revenue by 2030, an analyst says.

Nvidia stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that

Antitrust lawyer Andre Barlow said that the $100B partnership between Nvidia and OpenAI raises significant antitrust concerns.

OpenAI had also approached Chinese Apple supplier Goertek over a deal to supply audio components, the Information report said. Goertek assembles several Apple devices including AirPods, HomePods, and Apple Watches. Goertek shares fell 5.5% on Tuesday after rallying 7.7% in the prior session.

Chinese electronics manufacturer Luxshare Precision Industry (SZ:002475) surged to record highs this week after reports revealed a partnership with OpenAI to develop a consumer artificial intelligence device.

This week’s top stocks include Apple breaking out on seasonality, NVIDIA’s $100B AI supercomputer deal with OpenAI, a gold miner set for another 17% rally, and a bearish setup in Leggett & Platt ahead of earnings.

Last week, Oracle surprised Wall Street with a massive $300 billion deal with OpenAI, a five-year deal that helped send Oracle’s stock soaring—and brought simmering fears of an ‘AI bubble’ back to the surface.

Q1. What kind of company was Oracle? Although Oracle has now solidified its unique position in the cloud (virtual server) market, it did not stand out from the beginning. Founded by Chairman Ellison in 1977,