Nvidia (NVDA) stock climbs as Meta signs multiyear AI chip deal, with earnings next week
Nvidia shares rose 2% after announcing a multiyear deal to supply Meta with millions of Blackwell and Rubin AI chips, plus Grace and Vera CPUs and networking gear. The agreement’s financial terms were not disclosed. Meta shares slipped 1%. Investors await Nvidia’s Feb. 25 earnings for details on demand and delivery.