Nvidia is reportedly finalizing a $30 billion equity investment in OpenAI, replacing a previously announced $100 billion long-term infrastructure commitment. The decision came as OpenAI seeks to raise up to $100 billion in a funding round that could value the AI firm at approximately $830 billion. Nvidia’s stock traded in the high $180s following the news of the scaled-back investment.
Nvidia is close to finalizing a $30 billion investment in OpenAI, according to a report on February 19, 2026. This new deal would replace a multi-year $100 billion partnership announced the previous September.
The revised arrangement shifts from a massive infrastructure commitment to an equity investment. Under this strategy, OpenAI is expected to reinvest a significant portion of its raised capital into Nvidia‘s semiconductor hardware.
OpenAI is concurrently planning to raise as much as $100 billion in its latest fundraising round. This capital raise could value the developer of ChatGPT at around $830 billion.
Nvidia’s stock price has experienced considerable volatility amid investor uncertainty. Shares recently touched a six-week low near $177 in early February.
The stock has risen to the high $180s following reports of the smaller $30 billion investment. This movement coincides with new strategic partnerships and chip supply deals for the company.
BREAKING: Nvidia, $NVDA, is finalizing a $30 billion investment in OpenAI that will replace the previously announced $100 billion deal, per FT. The Kobeissi Letter stated this on social media. The report has not been verified by independent sources, and Nvidia has declined to comment.
