Nvidia attracted $85 billion in orders for its latest bond issuance in mid-June, followed by a $10 billion deal with Kazakhstan to develop a 'Data Center Valley'. On June 22, Fervo Energy's stock advanced following the announcement of a strategic partnership with Nvidia. This increase in stock price occurred despite the company reporting weak earnings results.
The Bill Gates-backed geothermal firm saw its shares advance after a strategic deal with Nvidia outweighed concerns over its recent poor financial performance.
Read the full storyThe Kazakh government signed a $10 billion deal with Nvidia and a US-Armenian cloud firm to build a regional AI and data hub by 2029.
Nvidia's latest debt offering saw massive institutional demand, reflecting investor confidence in the company's long-term growth and financial stability.