According to The Information, OpenAI plans to buy Google's AI chips, though no financial terms were disclosed and OpenAI declined to comment. The author argues the report says less than its headline implies: OpenAI had rented Google's TPUs in 2025 for early testing, this is a plan rather than an order, and the report does not say OpenAI is cutting back on Nvidia. Nvidia has estimated OpenAI's current and planned commitments at around 12 gigawatts and an opportunity of about $600 billion through 2030, while expecting supply to remain a bottleneck at least through fiscal 2028. At around $218, Nvidia shares trade at about 14 times analysts' average forecast for fiscal 2028 earnings, and the author does not think the report is enough reason to sell the stock.
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/28/2026 | 325.61 |
| Change that session | +1.57% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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