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Week in Review: Stocks Stumble, Nvidia Bankrolls OpenAI, and iPhone Sales Surprise

Nvidia will invest up to $100 billion in OpenAI and deploy 10 gigawatts of GPU capacity to power next-generation AI models, strengthening AI infrastructure demand.

Summary by CNBC
It was a topsy-turvy week for stocks as investors mulled on the Fed's next rate decision. Four of our portfolio names made headlines, too.

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Nvidia's $100 billion investment in OpenAI raises a big question: Where will the power to run such a massive data center come from?

They have the money and chips.Now they need the power.Nvidia announced on Monday that she plans to invest $100 billion (€85 billion) in OpenAI in an agreement that would give the ChatGPT manufacturer a major advantage in the race for artificial intelligence: access to 10 gigawatts of the powerful GPUs it needs to meet its dizzying growth strategy.What the agreement cannot guarantee, and what neither company has mentioned, is how OpenAI will acce…

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Technology in Business broke the news in on Saturday, September 27, 2025.
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