In its latest financial earnings report, chipmaker Nvidia Corp. (NASDAQ:NVDA) highlighted the uncertainty surrounding its $100 billion letter of intent with OpenAI.

Nvidia Stays Upbeat Amid OpenAI Deal Uncertainty

"There is no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity or other potential investments, or that any investment will be completed on expected terms," Nvidia said in the risk factors section of its quarterly filing.

The chipmaker also mentioned that its potential $10 billion investment in Anthropic, is subject to certain closing conditions.

However, in the earnings call, CEO Jensen Huang showed optimism and called OpenAI a “once in a generation company.”

“I fully expect that investment to translate ...