Why Nvidia (NVDA) Stock Is Up Today

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 4.1% in the afternoon session after the company announced a partnership with OpenAI that included plans for a potential investment of up to $100 billion.

The deal aimed to supply OpenAI with advanced AI hardware for its next generation of AI models and the buildout of massive data centers. According to the announcement, the partnership involved deploying at least 10 gigawatts of Nvidia’s systems for OpenAI’s AI infrastructure. This news solidified Nvidia’s central role in the future of artificial intelligence.

After the initial pop the shares cooled down to $182.58, down 0.6% from previous close.

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Nvidia’s shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 5 days ago when the stock gained 3.2% on the news that the company announced a $5 billion investment and partnership with rival chipmaker Intel.

As part of the pact, Nvidia revealed it would purchase Intel’s stock at $23.28 a share. The two semiconductor giants also planned to jointly develop custom products and next-generation chip technologies for personal computers and AI-focused data centers. This strategic collaboration marked a significant shift in alliances within the chip industry. The news sent Intel’s shares soaring, while shares of competitor AMD, which vies with both companies, slipped on the announcement. The deal was seen as a major strategic move, reinforcing Nvidia’s strong position in the AI and data center markets.

Nvidia is up 32% since the beginning of the year, and at $182.58 per share, it is trading close to its 52-week high of $183.61 from September 2025. Investors who bought $1,000 worth of Nvidia’s shares 5 years ago would now be looking at an investment worth $15,060.

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