Nvidia (NVDA) stock rebounded 5% last week, climbing above $226, but faces a critical resistance test near $236, the stock’s May high, as major partnerships and rising capital commitments create both opportunity and risk. Nvidia and Amazon Web Services announced an expanded collaboration targeting deployment of 2 million Nvidia GPUs across AWS infrastructure by 2028. Separately, Nvidia expanded its Equinix partnership through the new Equinix Inference Exchange, aimed at helping enterprises move AI models into production. Nvidia is also preparing to invest $2.5-3 billion in Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, as part of a $5-6 billion funding round valuing the startup at over $40 billion, despite annualized revenue just topping $100 million.
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