OpenAI CEO Denies Dissatisfaction with NVIDIA Chips; NVDA Rebounds After Hours

OpenAI CEO Sam Altman denied reports that his company is dissatisfied with NVIDIA’s AI chips, calling the claims “ridiculous” and reaffirming OpenAI’s commitment to NVIDIA as a key supplier. The comments followed a Reuters report alleging OpenAI had explored alternatives like Cerebras and Groq due to concerns over inference speed in certain applications, including its Codex product. NVIDIA shares fell 2.9% to $185.61 in regular trading on February 2, 2026, but rebounded in after-hours trading. Altman stated on X that OpenAI “loves working with NVIDIA” and intends to remain a “very significant super customer” for years. While OpenAI has evaluated other hardware for up to 10% of its inference needs—particularly chips with more on-die SRAM for faster response—it still relies heavily on NVIDIA for most workloads. NVIDIA recently signed a $20 billion licensing deal with Groq, effectively ending OpenAI’s talks with the startup. NVIDIA CEO Jensen Huang confirmed the company plans to invest in OpenAI’s next funding round, potentially its largest ever.