The Nvidia OpenAI deal is back in focus after Jensen Huang said it remains on track and that Nvidia will join OpenAI’s next funding round. NVDA shares fell 2.84% to $180.34 today, trading between $176.23 and $186.27, with volume above average. The stock sits below its 50-day average of $183.90 and 9% under the 52-week high of $212.19. With earnings due on 25 Feb at 21:00 UTC, clarity on the check size and terms could sway AI sentiment. Swiss investors should also consider FX and access via SIX-listed ETFs.

Huang’s Update and Today’s Move

NVDA closed at $180.34, down $5.27 or 2.84%, after opening at $186.24. Intraday ranged $176.23 to $186.27. Volume hit 204.0 million, above the 181.4 million average, showing active trading. RSI sits at 49.59, near neutral. The middle Bollinger band at $183.72 is immediate resistance, while the lower band at $172.04 may act as support.

Jensen Huang told CNBC there is no drama and the investment plan with OpenAI is on track, with participation in the next round confirmed. That statement counters reports of friction and supports confidence in the Nvidia OpenAI deal. See the interview recap at CNBC.

Funding Round Scenarios and Valuation Impact

Bloomberg reported Nvidia is nearing a deal to invest about $20 billion in OpenAI’s next funding round, though terms were not disclosed. If that figure holds, it would be one of the largest single checks in AI. More details could arrive before or around earnings. Source: Bloomberg.

A larger stake could deepen ecosystem ties, support demand visibility for data center GPUs, and lift peer multiples. A smaller commitment would still validate the Nvidia OpenAI deal but may temper expectations on allocation priority. With a $4.39 trillion market cap and 1-year gain of 54.57%, sentiment shifts can move valuation quickly.

What Swiss Investors Should Watch Next

Earnings on 25 Feb (21:00 UTC) are key. We will watch data center revenue, supply updates, and 2026 capex needs. Swiss investors may use SIX-listed ETFs with large Nvidia weights and should account for USD-CHF moves when sizing positions. The Nvidia OpenAI deal status will likely appear in commentary.

Momentum is mixed. ADX is 12.43, showing no strong trend. MACD is slightly positive, and ATR at 5.30 implies moderate daily swings. Watch $183.72 as resistance and $172.04 as support. Analysts skew positive: 3 Strong Buy, 62 Buy, 1 Hold, 1 Sell. Meyka’s model grade is A with a score of 82.60.

Final Thoughts

Huang’s remarks reduce uncertainty and keep the Nvidia OpenAI deal front and center. The next catalyst is detail on funding size and rights, which could influence demand visibility and sector multiples. Near term, NVDA trades near the middle of its bands, with $183.72 as a pivot and $172.04 as support. For Swiss investors, focus on three items: confirmation of the check, February 25 results and guidance on supply, and USD-CHF considerations when sizing positions or using SIX-listed ETFs. A clear outcome on funding and solid data center trends would likely lift sentiment into late February.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.