Key Highlights

  • NVIDIA closed at $210.69, up roughly 3%, as the Philadelphia Semiconductor Index surged 6.4% to a record high on Iran deal optimism and easing inflation fears.
  • Trump highlighted NVIDIA's domestic chip manufacturing partnership with Intel, while SK Hynix began shipping next-generation HBM memory samples critical to Blackwell-class AI accelerators.
  • Broadcom's record Q3 AI chip revenue guidance reinforced that enterprise AI infrastructure demand from hyperscalers remains robust, providing a positive read-through for NVIDIA's data centre business.

NVIDIA Corporation (NASDAQ: NVDA) advanced alongside a broad semiconductor rally on Thursday as the US-Iran interim peace deal eased inflation concerns and restored risk appetite across equity markets. The macro backdrop provided the initial lift, but company-specific developments added meaningful momentum to the session's gains.

Trump's public endorsement of NVIDIA's domestic chip manufacturing collaboration with Intel provided a political tailwind at a moment when US semiconductor supply chain security has become a policy priority. The White House visibility on the partnership reinforced investor confidence that NVIDIA's manufacturing relationships are supported at the highest level of the executive branch, reducing supply chain risk perceptions that had been a background concern.

SK Hynix's commencement of next-generation HBM memory sample shipments directly addresses one of the most critical supply constraints on NVIDIA's Blackwell GPU production ramp. High-bandwidth memory availability has been the primary bottleneck limiting NVIDIA's ability to fulfil hyperscaler orders at the pace demand requires, making the SK Hynix development a concrete near-term production catalyst rather than a speculative future benefit.

Broadcom's guidance for approximately $16 billion in Q3 AI chip revenue, with a $30 billion-plus order backlog, provided independent third-party confirmation that hyperscaler AI infrastructure spending remains on an accelerating trajectory. For NVIDIA, whose data centre segment generates the majority of its revenue from the same hyperscaler customers driving Broadcom's custom silicon demand, the guidance serves as an indirect earnings validation.