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Nvidia Stock Drops on Geopolitical Tensions as AI Strategy Expands

Guavy AI Editorial Team
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NVDA
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Nvidia's stock price dropped by 2.25% on Tuesday as geopolitical tensions rose following President Trump's decision to end a temporary ceasefire agreement with Iran.

The company's AI strategy is expanding beyond chips, with Nvidia partnering with SB Energy to secure land and power for OpenAI at the PORTS-Pike Technology Campus in Ohio.

Nvidia will invest $1.5 billion in SB Energy and estimate each generation deployed at the site could involve about 1.5 million Nvidia GPUs and translate into roughly $150 billion to $200 billion of revenue per generation, according to CEO Jensen Huang.

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