6 October 2025 | 12:06AM EDT Equity Research Nvidia Corp. (NVDA) Considering the impact of OpenAI and strategic investments on the business NVDA 12m Price Target: $210.00 Price: $187.62 Upside: 11.9% Nvidia has announced strategic investments and partnerships with OpenAI and others. These announcements have sparked investor debate around the nature of the deals and the extent to which Nvidia's equity investments could be recycled by investees as GPU spending, recognized by Nvidia as "circular" revenue. The ...