OpenAI and Taiwan electronics giant Foxconn have agreed to a partnership to design and manufacture key equipment for artificial intelligence data centers in the U.S. as part of ambitious plans to fortify American AI infrastructure.

In its latest financial earnings, Nvidia Corp. (NASDAQ: NVDA) highlighted the uncertainty surrounding its $100 billion deal with OpenAI

Asian chip stocks fell sharply after Nvidia’s drop on Wall Street, with SoftBank, TSMC, SK Hynix and Samsung sliding as AI infrastructure investments expand.

Nvidia shares were initially up after an earnings report that included raised revenue guidance for the next quarter. But shares closed 3% lower.

Nvidia clarified to investors that its $100 billion investment in OpenAI is not a finalized contract, despite a prior announcement. The chipmaker emphasized that definitive agreements are not assured,

Nvidia has agreed to invest up to 100 billion dollars in OpenAI in ten pieces of 10 billion dollars each. OpenAI receives each new piece only after it hits certain deployment milestones, and the price of each piece depends on what the company is worth at that time.

Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a $30 billion commitment by the Claude maker to use Microsoft's cloud services, the latest high-profile deal binding together major players in the AI industry.

A historic capex surge, thin AI revenues, and extreme index concentration leave investors one disappointment away from a broad‑based equity shock.