NVIDIA Up Big to Close Out The Week
Nvidia Corporation (NASDAQ:NVDA | NVDA Price Prediction) surged 72% on Friday, February 6, 2026, closing at $185 after opening at $176.69. The rally came on the back of three major catalysts that reinforced the AI chip leader’s dominant position in…
Nvidia Corporation (NASDAQ:NVDA | NVDA Price Prediction) surged 72% on Friday, February 6, 2026, closing at $185 after opening at $176.69. The rally came on the back of three major catalysts that reinforced the AI chip leader’s dominant position in the infrastructure buildout.
The most immediate driver was Nvidia’s $20 billion investment commitment to OpenAI, the company’s largest startup investment to date. Both CEO Jensen Huang and OpenAI’s Sam Altman publicly denied reports of a strained partnership, signaling confidence in the AI collaboration despite earlier concerns. We discussed this in today’s Daily Profit newsletter, and the implications are still unfolding as the investment positions Nvidia deeper into the AI software stack.
Adding to momentum, Taipei’s government finalized a NT$12.2 billion ($380 million) deal for Nvidia’s Taiwan headquarters in the Beitou-Shilin Technology Park, with construction expected before June 2026. The expansion underscores Nvidia’s commitment to its critical Asia-Pacific supply chain hub.
A third catalyst emerged from Tower Semiconductor (NASDAQ:TSEM)’s partnership announcement for 1.6T data center optical modules supporting Nvidia’s networking protocols, driving Tower’s stock up 6.4% and validating the AI infrastructure ecosystem’s strength.
Reddit sentiment turned neutral-to-bullish by Friday afternoon with a score of 54, rebounding from morning bearishness. Retail traders focused on the OpenAI bet, with one popular post titled “AI Fear Hitting Software, But NVDA Just Dropped a $20B OpenAI Bet. What’s the REAL Play, Degens?” drawing 422 upvotes.
Prediction markets showed conviction in the rally, with Polymarket traders pricing 99.95% probability of Nvidia closing above $185 this week. The stock remains up 44.12% year-over-year, though down 2.99% over the past week before today’s surge.
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Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.
He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.
