Core Viewpoint - Nvidia's $5 billion investment in Intel has led to a significant surge in Intel's stock price, which rose by 22.77%, while Nvidia's stock increased by over 3% [2][8]. Market Performance - On September 18, 2023, the three major U.S. stock indices (Dow Jones, Nasdaq, and S&P 500) reached all-time highs, with the Dow up 124.10 points (0.27%), Nasdaq up 209.40 points (0.94%), and S&P 500 up 31.61 points (0.48%) [4][5]. - The Russell 2000 small-cap index also hit a record high, increasing by 59.317 points (2.46%) [6]. Economic Indicators - The U.S. initial jobless claims fell to 231,000, a significant decrease compared to the previous week's revised figure of 264,000, indicating a strong labor market [6]. - The Federal Reserve's interest rate decisions are seen as favorable for the stock market, with a high probability of a rate cut in the near future [6]. Nvidia and Intel Partnership - Nvidia's investment will allow Intel to customize x86 CPUs for Nvidia, with Nvidia acquiring at least 4% of Intel's shares, making it one of the largest shareholders [8]. - Nvidia's CEO emphasized the historical significance of this collaboration, which aims to integrate AI and accelerated computing capabilities with Intel's CPU ecosystem [8]. - Intel's CEO highlighted the complementary strengths of both companies in driving industry advancements [9]. Semiconductor Sector Performance - The Philadelphia Semiconductor Index rose by 3.6%, reaching a new high, with notable gains in several semiconductor stocks, including Intel (up over 22%), Applied Materials (up over 6%), and ASML (up over 6%) [9].