Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
President Trump has announced an unprecedented $500 billion AI infrastructure initiative called the Stargate Project, partnering with tech giants.
US President Donald Trump has announced a $500 billion AI project called “Stargate” that will be led by ChatGPT creators OpenAI, SoftBank and Oracle.
TAIPEI, Jan 17 (Reuters) - Nvidia's (NVDA.O), opens new tab chief executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead ...
OpenAI, SoftBank and Oracle plan a joint venture called Stargate, and have committed $100 billion initially and then up to $500 billion into Stargate over the next four years.
Electric carmaker Tesla ( TSLA) was another stock that rose on Monday ahead of Trump's return to the White House, closing the session 2% in the green. Tesla CEO Elon Musk is a close ally of Trump and has been appointed to co-lead the extra-governmental Department of Government Efficiency (DOGE).
Stargate is little more than an extension of Sam Altman's powerful AI company, anonymous sources told the Financial Times.
Nvidia Corporation's leadership in AI, strong financial performance, and compelling valuation make it a buy. Click for my NVDA stock update.
Huang skips inauguration for Lunar New Year as Nvidia grapples with new U.S. AI export restrictions under Biden.