Nvidia Stock Is Rising. How It’s Taking the Fight to Google.

Nvidia is the preferred provider of artificial-intelligence chips. (Dreamstime)

Key Points

• Nvidia shares rose 0.9%, following a 1.7% gain the previous day, after multiple partnership announcements.
• Nvidia will take a $2 billion stake in Synopsys, aiming to expand the use of its GPUs in industrial and engineering design.
• Fanuc’s shares closed up 0.9% after announcing a partnership with Nvidia to develop AI robots capable of verbal commands.

Nvidia stock climbed on Tuesday as a flurry of partnership announcements looked to bolster confidence in the chip maker in the face of rival artificial-intelligence hardware from Google.

Nvidia shares ended the session up 0.9% at $181.46. It’s the second consecutive daily gain, rising 2.5% over the period, and the best two day stretch since the days ending Nov. 11, 2025, when the shares rose 2.66% for the two day period, according to Dow Jones Market Data.

Nvidia has fallen nearly 7% over the past month, hit concerns over market share loss to Google’s Tensor Processing Units for future data centers. Nvidia CFO Colette Kress pushed back against those concerns in a discussion at the UBS Global Technology and AI Conference on Tuesday.

Asked if Nvidia’s lead was shrinking, Kress said “absolutely not” and noted that customers were staying on its platform. She also noted most Nvidia AI chips are going into new data centers, not replacing existing hardware.

“Most of what you are seeing is all brand new builds, throughout the U.S. and across the world,” Kress said.

Nvidia shares rose 1.7% the previous day when the company said it would take a $2 billion stake in Synopsys , the largest provider of electronic design automation software used to design semiconductors. It’s a move which could expand the use of Nvidia’s graphics-processing units in industry and engineering,

“The strategic impact extends beyond semiconductors to system-level design across automotive, aerospace, and industrial sectors, effectively expanding the TAM [total addressable market] from chip design to virtually every engineered product globally,” wrote Mizuho analyst Vijay Rakesh in a research note.

Rakesh noted that over the past decade, scientific supercomputing has transformed from being 90% powered by central-processing units to 90% Nvidia’s specialism of graphics-processing units, and the partnership with Synopsys could enable a similar shift in industrial design computing within 2-3 years.

Nvidia has kicked off the week with a number of partnership announcements. On Monday, server company Hewlett Packard Enterprise said it was expanding its partnership with Nvidia, launching an “AI Factory Lab” in France, where customers can test workloads on European Union-based infrastructure.

Meanwhile, shares in Japanese industrial robot maker Fanuc closed up 0.9% after it said it would integrate Nvidia’s technology. Fanuc said it is partnering with Nvidia to develop AI robots that can take verbal commands.

European AI start-up Mistral on Tuesday announced its Mistral 3 generation of AI models, which it said were all were trained on Nvidia’s Hopper chips.

Among other chip makers, Broadcom closed down 1.2%. Broadcom is Google’s key design partner for its custom AI chips.

Write to Adam Clark at adam.clark@barrons.com