Nvidia Shares Jump 2.8% on Iran Strike Pause, Launch AI-Power Grid Factories
Nvidia jumped 2.8% after President Trump ordered a five-day halt on strikes targeting Iran’s power plants, sparking a broader semiconductor sector rebound. The company partnered with Emerald AI and US energy firms on “AI factories” that integrate data centers with power grids to speed deployment and improve reliability.
1. Chip-Sector Rebound
Nvidia shares rose about 2.8% after President Trump announced a five-day halt on planned strikes against Iranian power plants, triggering a rally across semiconductor and AI stocks. Easing fears of energy supply disruptions lifted related names like AMD, Broadcom and Texas Instruments in late morning trading.
2. AI Factories Partnership
Nvidia formed partnerships with Emerald AI and major US energy firms to develop “AI factories” that integrate data center infrastructure directly with power grids. These facilities aim to accelerate AI deployment timelines, optimize energy usage and bolster grid reliability, extending Nvidia’s reach into infrastructure solutions.