Why is Intel stock surging 30% today? Nasdaq at all-time high

US stocks: US-based chipmaking giant Intel's stock price jumped more than 27% at the Wall Street open on Thursday, 18 September 2025, after the big tech artificial intelligence firm Nvidia announced its $5 billion investment into the chipmaker.

According to a Bloomberg report, Nvidia Corp. has announced that the company will invest $5 billion in Intel Corp. in efforts to develop semiconductor chips for PCs and data centres.

According to the report, Nvidia will purchase Intel's common stock at $23.28 per share. However, neither company has disclosed a timeline for when the first manufactured parts will go on sale, but they said that this investment announcement does not affect the individual future plans of the chipmakers.

Intel's new funding comes at a time when the President Donald Trump-led United States' federal government has agreed to take nearly 10% stake in Intel Corp.

“This historic collaboration tightly couples Nvidia’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms,” said Nvidia CEO Jensen Huang. “Together, we will expand our ecosystems and lay the foundation for the next era of computing.”

Intel stock price jumped 27.6% at the US market open, hitting its intraday high level of $31.79 on Thursday. The shares were trading 24.38% higher at $31.02 as of 9:57 p.m. (EDT), compared to $24.90 at the previous market close, according to the data collected from Marketwatch.

Share of Intel has lost 37.85% in the last five years, but it has given US stock market investors more than 49% returns on their investment in the last one-year period.

On a year-to-date (YTD) basis, the INTC stock has gained 53.93% in 2025 and is up 31.91% in the last one-month period. Intel stock is trading 27.27% higher in the last five market sessions on Wall Street.

Shares of the US-based chipmaker hit their 52-week high level of $31.79 on Thursday, 18 September 2025, while their 52-week low level was at $17.67, Marketwatch data shows. Intel's market capitalisation (M-Cap) stood at $116.29 billion as of the US market session on Thursday.

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