Key facts: On October 3, Nvidia (NVDA) stock fell despite an initial rise in AI stocks, following OpenAI's $500 billion offering, indicating investor caution towards high-level AI investments.
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- On October 3, Nvidia (NVDA) stock fell despite an initial rise in AI stocks, following OpenAI's $500 billion offering, indicating investor caution towards high-level AI investments.1
- OpenAI's CEO Sam Altman is working with major chip makers like TSMC and Samsung to boost AI chip production, many designed by Nvidia, due to rising demand for computing power.2