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

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.

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.

SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble.

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

ChatGPT maker OpenAI was dealt a one-two punch on Tuesday, two separate developments that could undermine the firm's dominance.

AI start-up commits to buying $30bn in computing capacity from Microsoft in data centres powered by Nvidia chips

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.