Nvidia (NVDA) Stock Rises as Fujitsu Expands AI Partnership

TLDR

Table of Contents

Nvidia stock rose 0.5% in premarket trading Friday, building on Thursday’s 0.9% gain as the company’s market cap surpassed $4.5 trillion
Fujitsu announced an expanded collaboration with Nvidia to develop AI agent platforms for healthcare, manufacturing, and robotics sectors
Nvidia management projects global data center capital expenditures will grow from $600 billion in 2025 to $3-4 trillion by 2030
The UAE’s planned purchases of several hundred thousand Nvidia chips annually face delays due to ongoing Commerce Department negotiations
Nvidia maintains 90% market share in data center GPUs and trades at 40 times forward earnings

Nvidia shares climbed 0.5% in premarket trading Friday to $189.73. The gains came after Thursday’s 0.9% increase.

The chip maker’s market value has pushed past $4.5 trillion this week. AI enthusiasm continues to drive investor interest following OpenAI’s new $500 billion valuation.

Fujitsu announced Friday it will expand its partnership with Nvidia. The Japanese company plans to develop platforms for AI agents across healthcare, manufacturing, and robotics.

“Through this collaboration with Nvidia, Fujitsu aims to unlock new AI markets in previously challenging domains,” the company stated. AI agents can take simple directions and complete complex multistep tasks.

The partnership will focus on next-generation computing infrastructure. Fujitsu’s central processing units will combine with Nvidia’s graphics processing units and networking technology. Financial terms were not disclosed.

Japanese firm Fujitsu and chip giant Nvidia plan to jointly develop an energy-efficient AI chip by 2030, expanding the partnership to support Japan’s growing data centre, robotics and technology sectors.#Fujitsu #Nvidia #AIChip #Japan #Robotics https://t.co/tf4Y49RnsM
— Business Standard (@bsindia) October 3, 2025

Data Center Spending Projections

Nvidia management expects global data center capital expenditures to reach $600 billion this year. By 2030, that figure could hit $3 trillion to $4 trillion.

The company holds 90% market share in data center GPUs. These chips perform multiple calculations simultaneously, making them ideal for training and processing AI models.

Current demand exceeds supply. Major customers work directly with Nvidia to secure GPU availability for their data centers.

The stock trades at 40 times forward earnings. This valuation matches levels from roughly a year ago and sits at the high end of its three-year range.

Shares have climbed over 1,100% since early 2023. The run reflects sustained demand for AI infrastructure and Nvidia’s market dominance.

UAE Purchase Delays

Plans for UAE investment face holdups. The Emirates intended to purchase several hundred thousand Nvidia chips annually in exchange for U.S. investment.

Commerce Department negotiations have delayed the purchases. The Wall Street Journal reported the situation Thursday evening, citing people familiar with the matter.

“President Trump’s Middle East agreements promote U.S. leadership and benefit economic and national security,” an Nvidia spokesperson said. The company supports the administration’s AI action plan and stands ready to assist.

Other chip makers also gained Friday. Advanced Micro Devices rose 1% in premarket trading. Broadcom climbed 1.5%.

Nvidia’s close relationships with customers provide unique industry insight. The company receives advance notice of data center construction plans and capacity needs.

GPU supply constraints mean major tech firms plan purchases well ahead of actual deployment. This visibility gives Nvidia’s projections extra weight compared to typical industry forecasts.

The Fujitsu partnership represents continued expansion into new sectors. AI agent technology remains in early stages but promises automation across multiple industries.

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