Stock Market Today: NVIDIA Rises After Announcing Strategic Intel Collaboration
NVIDIA Corp (NVDA) shares rose 3.49% to $176.24 after announcing a $5 billion investment in Intel Corp (INTC), which surged 22.77% to $30.57. The collaboration aims to develop new processors for data centers and personal computing, combining Intel's manufacturing capabilities with NVIDIA's AI expertise. This strategic move highlights NVIDIA's efforts to diversify beyond GPUs and positions it favorably in the AI sector, suggesting potential long-term growth despite associated risks. Overall, the stock market saw gains, with the S&P 500 up 0.48% and the Nasdaq Composite up 0.94%.
NVIDIA Corp (NVDA 3.52%) closed at $176.24, up 3.49%. Trading volume reached 191.06 million shares, slightly above its three-month average of 174.199 million.
Markets broadly moved higher. The S&P 500 (^GSPC 0.48%) rose 0.48%, while the Nasdaq Composite(^IXIC 0.94%) gained 0.94%, buoyed by large-cap tech gains.
Among chip makers, Advanced Micro Devices Inc (NASDAQ: AMD) closed at $157.92, down 0.78%, while Intel Corp (NASDAQ: INTC) surged to $30.57, up 22.77% following the collaboration news.
The gains followed news that NVIDIA will invest $5 billion in Intel and work together on new processors for data centers and personal computing. The partnership blends Intel's chip design and manufacturing scale with NVIDIA's AI and GPU expertise, expanding opportunities across cloud infrastructure and PCs. For investors, the move highlights NVIDIA's push to diversify beyond GPUs while reinforcing its position at the center of AI trends, offering potential long-term growth despite execution risks.
Market data sourced from Google Finance and Yahoo! Finance on Thursday, Sept. 18, 2025.
