Why Nvidia stock is soaring around 4% on Monday

Shares of Nvidia NVDA were surging on Monday morning in contrast to the broader market.

The stock was soaring around 4% as the broader indices were under pressure in early trading.

The move comes as Nvidia is stepping up its challenge to Intel and Advanced Micro Devices in the artificial intelligence hardware market, unveiling a new AI-focused processor for personal computers.

The company on Sunday introduced the RTX Spark, which it described as “the most efficient PC chip ever built.”

The new chip is designed to run AI agents — software programs capable of performing tasks autonomously — on personal devices.

It combines a central processing unit (CPU) with one of Nvidia’s Blackwell graphics processing units (GPUs).

The launch marks Nvidia’s latest effort to enter a PC processor market that has long been dominated by Intel and AMD.

The company is also positioning itself against Qualcomm, which has recently expanded its presence in AI-powered PC chips.

Arm Holdings, whose technology is being used in Nvidia’s new processor, gained 10%. Meanwhile, shares of Intel fell 6.5%, AMD declined 5.2%, and Qualcomm dropped 9%.

Nvidia targets PC market

Having established itself as the dominant supplier of AI chips used in data centers, Nvidia is now seeking to extend its influence into personal computing.

During his keynote address at the Computex conference in Taiwan on Monday, Nvidia Chief Executive Officer Jensen Huang unveiled the N1X processor, developed in collaboration with Microsoft.

The processor will be integrated into the RTX Spark superchip and is scheduled to debut this fall in a new generation of Windows PCs from Microsoft, Dell, HP, ASUS, Lenovo, and MSI.

Huang described the development as a significant shift in computing architecture driven by the rise of agentic AI.

“This reinvention of the computer is as big of a deal as the reinvention of the phone into what we now know as the smartphone,” Huang said, adding that AI agents would operate across the new generation of devices.

“Microsoft and Nvidia are going to reinvent the PC,” he added. “This is the first completely re-engineered, reinvented line of PCs that has happened in 40 years.”

The RTX Spark processor combines two of Nvidia’s flagship technologies into a single platform.

The chip pairs a Blackwell GPU with the new Arm-based N1X CPU, which was custom designed by Taiwanese semiconductor company MediaTek.

It also includes 128 gigabytes of unified memory.

The announcement comes as Arm-based processors continue gaining traction against the traditional x86 architecture used by Intel and AMD.

Nvidia’s move represents one of the most direct challenges yet to the incumbents in the PC processor market.

The company’s push into CPUs also reflects its growing focus on AI computing beyond traditional graphics processing workloads.

Data center CPU expansion

Alongside the RTX Spark announcement, Huang said Nvidia’s Vera CPU for data centers has entered full production.

According to Huang, Nvidia is manufacturing millions of Vera processors to serve what he described as an entirely new market opportunity.

The chip is expected to become available this fall, with early customers including Anthropic, OpenAI, xAI, Dell, Oracle, and CoreWeave.

“This is going to be our new major growth driver,” Huang said.

“These CPUs are going to be both performant, but they also have to be extremely energy efficient, so that we can cram as much CPU as we can into the factory without taking away power from the token generation.”