This week, several stocks caught investors’ attention, driven by significant developments and market momentum. Here’s the breakdown of this week’s trending stocks:
NVIDIA ($NVDA) to Invest Up to $100B in OpenAI Infrastructure Expansion
NVIDIA ($NVDA) and OpenAI have signed a letter of intent for a strategic partnership, with NVIDIA committing to invest up to $100 billion as OpenAI deploys at least 10 gigawatts of next-generation AI infrastructure powered by NVIDIA systems.
The agreement will support OpenAI’s training and deployment of future AI models, including efforts toward artificial general intelligence. The first phase—leveraging the new NVIDIA Vera Rubin platform—is expected to launch in the second half of 2026.
As part of the partnership, OpenAI will designate NVIDIA as its preferred strategic compute and networking partner, aligning their hardware and software roadmaps.
This expanded collaboration builds on years of cooperation between the companies and complements OpenAI’s partnerships with Microsoft, Oracle, SoftBank, and Stargate.
OpenAI currently reaches 700 million weekly active users, with adoption from enterprises, developers, and individuals worldwide.
Stock Price Reaction
NVDA shares rose 4% on the news.
Oklo ($OKLO) Breaks Ground on First Aurora Powerhouse
Oklo ($OKLO), a nuclear technology company developing compact fast reactors and fuel recycling capabilities, held a groundbreaking ceremony for its first Aurora powerhouse at the Idaho National Laboratory (INL)—a project backed by the U.S. Department of Energy’s Reactor Pilot Program, according to the company.
The facility, named Aurora-INL, is described by Oklo as a sodium-cooled fast reactor that uses recycled fuel from the legacy EBR-II program. According to the company, the design aims to deliver clean, reliable, and compact baseload energy to support emerging high-demand sectors such as AI and advanced manufacturing.
The company also stated that Kiewit Nuclear Solutions will lead design, procurement, and construction, with the project expected to create around 370 construction jobs and 70–80 long-term operating roles.
Oklo has been awarded two additional projects under the DOE’s pilot program and, based on company information, is positioning itself to play a significant role in advanced nuclear deployment, fuel recycling, and domestic isotope supply.
Stock Price Reaction
$OKLO shares had already rallied in recent months and were trading at an all-time high the day before the announcement. On the news, the stock rose 3.75%.
Parent Company of Office Depot ($ODP) to Be Acquired for $28/Share
The ODP Corporation ($ODP) — the parent company of Office Depot and OfficeMax — has agreed to be acquired by an affiliate of Atlas Holdings in an all-cash deal valued at approximately $1 billion, according to the company.
ODP shareholders will receive $28 per share, reflecting a 34% premium over the stock’s closing price on September 19. The transaction will take the company private and delist it from NASDAQ.
According to the company, the acquisition will help fast-track its business-to-business (B2B) growth strategy and strengthen its position in the market. Atlas Holdings emphasized its track record of supporting public-to-private transitions and long-term value creation.
The deal has been unanimously approved by ODP’s board and is expected to close by year-end, pending regulatory and shareholder approvals.
Stock Price Reaction
$ODP rose 33% and is now trading close to the buyout price.
This article is for informational purposes only and is not investment advice or a solicitation to buy or sell securities. The content is based on publicly available information and reflects the author’s opinions as of the publication date, which may change without notice. All investments carry inherent risks, including the potential loss of principal, and past performance is not indicative of future results. Forward-looking statements, including references to projected revenues, market trends, or business developments, are based on current expectations and assumptions. Actual results may differ due to various factors, including regulatory changes, economic conditions, competitive pressures, and unforeseen market fluctuations. Readers should conduct their own research or consult a financial advisor before making investment decisions. BBAE holds no position in the securities mentioned, nor are they compensated by the companies mentioned.
