AI Gold Rush Sends Nvidia Soaring: NVDA Stock Near Highs as $100B OpenAI Deal, China Ban & New Chips Define 2025
Nvidia shares traded near $182 on Oct. 21, 2025, close to their record high of $195 set earlier this month. The company reported Q2 revenue of $46.7 billion, up 56% year-over-year, despite losing all China AI chip sales due to U.S. export bans. Nvidia announced major AI partnerships, including a $100 billion deal with OpenAI and a $5 billion stake in Intel. Wall Street remains bullish, with most analysts rating NVDA a “Buy.”