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OpenAI Cuts Nvidia Chip Needs as NVDA Stock Still Rises

2026-07-02 23:19:27

Abstract generation in progress

The Information reported that OpenAI engineers cut inference costs by more than half with new optimization methods. OpenAI and Broadcom unveiled the Jalapeno custom chip on June 24. Nvidia stock rose nearly 2% on June 30 despite the pressure on inference demand.

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