Nvidia chief executive Jensen Huang addressed concerns over reports that the planned strategic investment in OpenAI was in jeopardy, describing such rumors as “complete nonsense.” Speaking to journalists in Taipei, Huang reiterated that Nvidia remains on track to deploy up to ten gigawatts of accelerated computing infrastructure and to invest the full $100 billion announced last September. He emphasized that OpenAI is “one of the most consequential companies of our time,” and confirmed that OpenAI CEO Sam Altman will close the funding round with Nvidia as a lead participant. This statement follows publication of a Wall Street Journal report suggesting internal debate at Nvidia and potential scaling back of the commitment.

Nvidia’s GPUs have become the de facto standard for training and running large language models, with the company accounting for an estimated two-thirds of AI accelerator unit shipments in the last year. Sales of Nvidia’s data-center GPUs rose more than 60 percent year-over-year in its most recent quarter, driving record revenue that propelled market capitalization above the $5 trillion mark last fall. The planned OpenAI deal is designed to secure long-term demand for Nvidia’s next-generation H200 and Grace CPU accelerators, as developers race to build out AI-optimized data centers capable of handling surging compute requirements.

Huang’s public dispelling of uncertainty around the OpenAI investment provides clarity on Nvidia’s strategic roadmap and revenue visibility. Analysts note that confirmation of the full $100 billion commitment could underpin multi-year revenue growth forecasts in the high-30s percentage range, supporting current consensus estimates of sustained double-digit earnings expansion. Investors will monitor Nvidia’s upcoming earnings call for further detail on infrastructure build-out timelines, expected gross margins on data-center products, and any changes to capital allocation priorities driven by this landmark partnership.