The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.

President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.

Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings to watch this morning. We’ll provide updates on other market movers as the day progresses.

Nvidia (NASDAQ: NVDA) hasn't been on sale much during the last few years. Nvidia has been one of the largest beneficiaries of the artificial intelligence (AI) competition. Its graphics processing units (GPUs) are best-in-class products and crucial to creating these powerful AI models.

Nvidia ( NVDA 2.27%) stock may have soared by about 170% in 2024, but shares of the leading artificial intelligence (AI) semiconductor maker haven't done much in the most recent three months. But one Wall Street analyst thinks investors should take advantage of that lull.

The incredible rise of Nvidia (NASDAQ:NVDA) has been one of the biggest stories of the past two years. Dominating the AI hierarchy, NVDA holds a