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Nvidia announces $100bn investment in Open A.I.

Nvidia announces $100bn investment in Open A.I.

Squawk Box Europe Express · CNBC International

September 23, 202525m 47s

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Show Notes

Nvidia unveils plans for a $100bn investment in Open A.I. with the two firms partnering on data centres. CEOs Jensen Huang and Sam Altman tell CNBC the giant investment will release the sector’s potential. Dutch chip equipment maker ASMI slashes its FY forecasts, citing disappointing demand in two key units. Fed board governor and Trump ally Stephen Miran urges the central bank to cut rates by almost two percentage points.

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