Nvidia shares are down after report that its OpenAI investment stalled
by greatgib on 2/2/2026, 8:25:41 PM
https://www.cnbc.com/2026/02/02/nvidia-stock-price-openai-funding.html
Comments
by: zmmmmm
the hit to microsoft the other day was pretty interesting<p>I saw reports attributing it to a miss on earnings from Azure but they were off by 0.4% on 39% growth. That's 39% instead of 39.4%. And the company stock dropped 10%. This is all of Microsoft - 10% down (!).<p>It has to tell you there are a LOT of people primed to sell in a hurry on bad news. The "bubble" talk subsided a lot after nVidia smashed earnings last quarter, but largely overlooked how much their whole situation is based on pent up demand. It completely masks the fundamentals.<p>I still feel like we're sitting on a volcano and seeing puffs of smoke and feeling earth tremors.
2/2/2026, 11:47:46 PM
by: u1hcw9nx
You would think the effect was the opposite. I think this is worse for OpenAI.<p>So far, the circular financing from Nvidia has been peanuts for the company. It's roughly equal to giving 5% discount on hardware, not a big deal when the profit margin is 70%. Trying to prop up new neoclouds and competition is a good idea.<p>As I understand it, the OpenAI investment was much bigger effective discount but still safe because Nvidia invests gradually in installments only when OpenAI invests in data centers: tit for tat. Maybe OpenAI wanted to get the money now and invest it later, as they seem to be running out of cash.
2/2/2026, 10:08:32 PM
by: ecommerceguy
Possibly good for Nvidia as I have doubts OpenAI will be able to pay their massive IOUs in a timely fashion, if ever.<p>Did Oracle spin off Cerner yet?
2/2/2026, 10:01:02 PM
by: whalesalad
How long after the collapse of OpenAI will the DDR situation come back to normal.
2/2/2026, 10:42:06 PM
by: spicyusername
Down to levels as low as where they were a few days ago, lol
2/2/2026, 11:02:54 PM
by: thenaturalist
The hits are coming closer.<p>Microslop CEO begging for AI $$$ because astronomical overprovisioning is becoming obvious, all big spenders frantically trying to hide CapEx from their books and hallucinate revenue projections like its Enron reloaded and Oracle is already getting sued by bondholders over AI spend [0].<p>It will be worse than the dot com bust.<p>0: <a href="https://www.reuters.com/sustainability/boards-policy-regulation/oracle-sued-by-bondholders-over-losses-tied-ai-buildout-2026-01-14/" rel="nofollow">https://www.reuters.com/sustainability/boards-policy-regulat...</a>
2/2/2026, 9:34:39 PM
by: h4kunamata
[flagged]
2/2/2026, 10:51:31 PM