On October 13, 2025, Nvidia (NVDA) closed at $188.32, up 2.82% from the prior session, significantly outperforming major indices. The stock's strong move was driven by President Trump's softened stance on China tariffs, which lifted technology stocks, and Nvidia's announcement of new AI data center partnerships—including Meta and Oracle adopting its Spectrum-X Ethernet switches, plus collaborations with ABB, Intel, and Samsung Foundry. These developments reinforce Nvidia's leadership in AI infrastructure and chip technology, while a Mizuho analyst raised the price target to $225, citing its dominance in the sector. The news was widely covered by tier-1 sources and is considered a major catalyst for the stock's performance[1][2][5].
Nvidia surges on AI partnerships and easing China trade tensions
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