Nvidia's stock surged 16.2% this week due to new partnerships and plans for AI investments.

From Nasdaq: 2025-05-16 10:31:00

Nvidia stock has seen a 35% increase in just three weeks, now trading above $100 per share. This surge is attributed to a 16.2% increase in shares this week, fueled by new announcements reducing concerns of slowing growth for AI chips.

Nvidia’s recent partnerships and announcements, including supplying advanced GPU chips for AI factories and data centers, have boosted investor confidence. Plans for continued capital spending for AI infrastructure by large tech companies contribute to the stock’s upward momentum.

Investors are eagerly awaiting Nvidia’s upcoming quarterly report on May 28 for specific guidance on AI investments. The market anticipates further growth leading up to the report, following the recent surge in stock prices.

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