On October 23, 2025, NVIDIA shares traded at $181.95 (+0.93%) during live trading, rebounding after two days of mild declines. The key driver is news that Elon Musk’s xAI is pursuing a $20 billion lease-to-own deal for NVIDIA chips to power its Colossus 2 data center, with NVIDIA contributing $2 billion in equity to the project. This partnership, alongside recent analyst upgrades and bullish sentiment about NVIDIA’s AI dominance, has fueled positive investor sentiment. However, ongoing concerns about U.S. export restrictions and competition in China remain topics of debate, tempering some of the enthusiasm.