华尔街见闻·2025-09-19 01:14Core Viewpoint - The market rebounded after digesting the complex signals from the Federal Reserve, interpreting its actions as the beginning of a rate-cutting cycle, which supported risk assets [1] Group 1: Market Performance - The S&P 500 index rose by 31.61 points, or 0.48%, closing at 6631.96, surpassing its previous record high of 6615.28 set on September 15 [3] - The Dow Jones Industrial Average increased by 124.10 points, or 0.27%, closing at 46142.42, breaking its previous record high from September 11 [4] - The Nasdaq Composite index rose by 209.399 points, or 0.94%, closing at 22470.725, reaching a new closing high [5] - The Nasdaq 100 index increased by 231.207 points, or 0.95%, closing at 24454.894, also achieving a new closing high [6] - The chip index rebounded over 3%, with Nvidia rising by 3.5% and Intel soaring nearly 23%, marking its largest increase since 1987 [7] Group 2: Intel and Nvidia Collaboration - Nvidia announced a $5 billion investment in Intel, leading to a significant surge in Intel's stock price and a strong performance in the chip sector [1][8] - Nvidia will purchase Intel shares at $23.28 each, a discount of about 6.5% from the previous closing price, with Intel's market capitalization around $1160 billion [9] - This partnership aims to integrate Nvidia's graphics processing technology into Intel's next-generation PC chips and provide processor support for Nvidia's data center products [9][12] - The collaboration is seen as a significant shift in the competitive landscape of the computing industry, with Nvidia's CEO highlighting the historical nature of this partnership [12] Group 3: Strategic Importance for Intel - The investment from Nvidia is crucial for Intel, which has struggled in the high-performance chip market and has been unable to independently fund advanced process research and development [11] - Intel has recently received support from the U.S. government and strategic investments from SoftBank, further solidifying its financial position [11] - Under the leadership of new CEO Lip-Bu Tan, Intel is adopting a more open strategy, actively seeking partnerships and opening its factory capacity to external companies [13]