OpenAI drama, record high stock price set the table for key report

Nvidia (NVDA) is set to report third quarter earnings after the bell on Tuesday as Wall Street eagerly awaits an update on the fundamentals behind the artificial intelligence hype cycle.

This report comes after the stock closed at a record high of $504.09 per share on Monday, with AI once again becoming the story of the moment for investors amid the ongoing drama surrounding Sam Altman’s departure from ChatGPT-maker OpenAI and his moved to join Microsoft (MSFT).

Expectations for the chip giant…

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