NVIDIA’s Stock Skyrockets to Historic Highs: AI Frenzy Sends Market Cap Soaring
Market Rally and News Headlines By early October 2025, NVIDIA has become the poster child of the AI-fueled stock surge. In late September, the Fed’s first rate cut in years (Sept 17) sparked a broad tech rally reuters.com, but NVIDIA’s gains were driven by its own news flow. On Sept 22 the company announced a shock $100 billion partnership with OpenAI – NVIDIA taking an equity stake and supplying state-of-the-art data-center GPUs – and the stock promptly jumped about 4% reuters.com. A week earlier, NVDA had unveiled a $5 billion investment in Intel (to co-develop chips) reuters.com; that news powered Intel up