Nvidia Hits an All-Time High After Striking a Deal with OpenAI. Is the "Ten Titans" Growth Stock a Buy?

Nvidia (NASDAQ: NVDA) hit an all-time high on Sept. 22 in response to a $100 billion strategic partnership with OpenAI. Nvidia is helping OpenAI achieve its goal of building at least 10 gigawatts (GW) of data centers purpose-built for artificial intelligence (AI) by investing in data centers progressively as each GW is deployed.The news is significant, considering OpenAI needs funding to fulfill its promise, and because it is currently structured as a nonprofit (although it plans to become a Public Benefit Corporation).Nvidia is the most valuable company in the world and the largest of the "Ten Titans" -- which is the "Magnificent Seven" plus Broadcom (NASDAQ: AVGO), Oracle, and Netflix. The Ten Titans are highly influential -- making up nearly 40% of the S&P 500.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool