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RemSense Technologies
Investor Insight
With its flagship platform, virtualplant, already in commercial use across high-value industrial assets, and a growing global footprint through strategic partnerships, RemSense offers investors a unique opportunity to back a scalable, revenue-generating business at the forefront of digital transformation in the resource and infrastructure sectors.
Overview
RemSense Technologies Limited (ASX:REM) is an Australian technology company enabling digital transformation across resource-heavy industries through advanced asset visualisation and drone services. Originally established in 2006 as a developer of drone systems for the defence and industrial sectors, the company expanded into professional drone services in 2012.
In 2019, RemSense made a strategic expansion into high-resolution 3D asset capture and visualisation, culminating in the development of its flagship product, virtualplant. This strategic shift aligns with macro trends in digital transformation, particularly in asset-heavy industries like energy, resources, infrastructure and utilities. The company was listed on the Australian Securities Exchange in 2021.
RemSense is ideally positioned to leverage the growing adoption of digital twin technologies, particularly across mining, oil & gas, manufacturing, utilities, defence, marine and aerospace industries. These sectors are increasingly embracing digital tools to improve safety, reduce costs, and manage assets more efficiently, creating strong and expanding demand for RemSense’s solutions.
In the first half of FY25, RemSense reported $3.12 million in revenue, representing a 178 percent increase over the same period in FY24. The company also recorded its first-ever net profit of $796,892 and achieved positive operational cashflow of $365,539 – a turning point that demonstrates both commercial traction and disciplined financial execution.
Strategic partnerships with Chevron, Newmont Mining and Woodside Energy highlight RemSense’s growing reputation among Tier-1 clients and its ability to scale internationally. These engagements are not pilot programs, but are real, revenue-generating contracts that reinforce RemSense’s value proposition.
Company Highlights
- Profitable Growth: Delivered $3.12 million in revenue in H1 FY25 – a 178 percent increase year-over-year
- Tier-1 Client Base: Trusted by major global operators including Chevron, Newmont and Woodside Energy for digital twin and drone technology services.
- Flagship Platform – virtualplant: A scalable, cutting edge digital twin solution providing real-time operational insights for industrial facilities and infrastructure.
- Strong legacy drone operations: RPAS Services features CASA-certified pilots and a fleet of custom-engineered drones supporting multiple industrial applications.
- Serving Critical Industries: Solutions deployed across energy, resources, utilities and infrastructure sectors undergoing rapid digital transformation.
Key Products and Services
Virtual Plant
Virtualplant is RemSense’s flagship digital platform. It’s a high-resolution 3D asset visualisation solution that allows users to explore and interact with industrial facilities remotely, as if on site. By combining drone-based photogrammetry, terrestrial LiDAR, and 360-degree imaging, virtualplant creates immersive, detailed, interactive models of infrastructure such as gas plants, processing facilities and offshore vessels.
The platform supports a wide range of critical functions including remote inspection, maintenance planning, training, safety management, and compliance documentation. It reduces the need for site travel, improves asset visibility, and helps clients identify and address risks before they become costly failures.
Virtualplant is already deployed in high-value applications. In October 2023, Woodside Energy engaged RemSense to create a visual twin of one of its floating production storage and offloading (FPSO) vessels. In 2024, Chevron signed a series of global services agreement with RemSense to use the platform for photogrammetry scanning at gas plants in South Asia, Northwest Australia and USA, with a total contract value of more than AU$800,000. These projects reflect the platform’s global relevance and enterprise-grade capabilities.
Additional features enhance the platform’s utility:
- vTag uses AI to automatically identify and tag equipment based on nameplate data, linking it to asset registers in systems like SAP and IBM Maximo.
- vDetect automatically identifies physical defects such as corrosion, helping prioritise maintenance.
- vConnect enables real-time integration with external monitoring and data platforms, creating a unified interface for visual and operational intelligence.
These capabilities make virtualplant more than a visualisation tool, as it becomes a central intelligence layer in clients’ asset ecosystems.
RPAS (Drone) Services
RemSense has a strong legacy in drone operations, with CASA-certified pilots and a fleet of custom-engineered drones equipped with high-end imaging and sensing tools. These drone services support asset inspections, geophysical and vegetation surveys, water sampling, environmental monitoring, traffic studies, and building condition assessments.
Drone data is often the first step in creating virtualplant models. This seamless integration of field data acquisition and platform-based analysis ensures RemSense delivers a complete, end-to-end digital solution for industrial clients.
Management Team
Ross Taylor – Non-executive Chairman
Ross Taylor chartered accountant with a global finance background having worked in London, Australia, New York and Tokyo. He has held senior roles at Deutsche Bank, Bankers Trust and Barclays Capital. His experience in international capital markets brings strong governance and financial oversight to RemSense’s board.
Warren Cook – Managing Director & CEO
With over 25 years of experience in technology development and commercialisation, Warren Cook has led projects in mining, energy and environmental sectors across more than a dozen countries, including Australia, US, Brazil, Canada, France, Indonesia, South Africa and the UK. He was the CEO of acQuire Technology Solutions, delivering information management software solutions for the resources industry.
John Clegg – Non-executive Director
John Clegg has been a chartered accountant since 1965 and has supported more than 50 companies through IPOs, restructures, and strategic growth initiatives. Following his 16-year tenure at Arthur Young & Co (now Ernst & Young), he shifted focus to startup ventures, offering directorship and consulting services. As a seasoned investor, director, consultant and mentor to senior executives, Clegg has left a significant mark on numerous ventures.Enabling industrial digital transformations through advanced asset visualisation solutions
How to Invest in OpenAI's ChatGPT
In September 2024, Reuters reported that OpenAI was planning a restructuring from a non-profit to a for-profit company in order to make it "more attractive to investors."
However, after encountering backlash and potential legal conflicts, in May 2025 OpenAI's management decided to remain a non-profit while still converting its for-profit arm into a public benefit corporation.
That plan is easier as of mid-September 2025, according to the Wall Street Journal, as the company's tech partner and major funder Microsoft (NASDAQ:MSFT) have reached a new road-block-clearing, but currently non-binding, deal. The Journal reported that the OpenAI nonprofit company and Microsoft would each have a stake of about 30 percent in the for-profit firm.
OpenAI launched a new round of funding totaling US$40 billion in late March 2025 projected to bring its valuation to US$300 billion. Japanese multinational investment firm SoftBank made up 75 percent of the funding, while Microsoft, and investment firms Coatue Management, Altimeter Capital and Thrive Capital also took part in the raise.
The US Department of Defense (DoD) awarded a US$200 million contract to OpenAI in June 2025 to provide the DoD with artificial intelligence tools for addressing national security challenges, including cyber defense and warfare.
Massive news dropped on September 22, 2025, that NVIDIA (NASDAQ:NVDA) plans to invest US$100 billion in OpenAI through a strategic partnership centered on the generative AI company deploying a minimum of 10 gigawatts of AI datacenters using NVIDIA's systems. If the deal is finalized, the pair expect to deploy the first gigawatt in H2 2026.
Many investors are wondering if it's possible to invest in ChatGPT stock, and if there are other ways to invest in generative AI and OpenAI. Here the Investing News Network (INN) answers those questions and more, shedding light on this new landscape.
In this article
- What is OpenAI's ChatGPT?
- What is the Stargate Project?
- How much has Microsoft invested in OpenAI?
- What is Elon Musk's relationship to OpenAI?
- OpenAI criticisms and lawsuits
- What's the future of OpenAI and ChatGPT?
- When will OpenAI go public?
- Which stocks will benefit the most from AI chatbot technology?
- FAQs for investing in OpenAI and ChatGPT
What is OpenAI's ChatGPT?
Created by San Francisco-based tech lab OpenAI, ChatGPT is a generative AI software application that uses a machine learning technique called reinforcement learning from human feedback (RLHF) to emulate human-written conversations based on a large range of user prompts. This kind of software is better known as an AI chatbot.
ChatGPT learns language by training on texts gleaned from across the internet, including online encyclopedias, books, academic journals, news sites and blogs. Based on this training, the AI chatbot generates text by making predictions about which words (or tokens) can be strung together to produce the most suitable response.
More than a million people engaged with ChatGPT within the first week of its launch for free public testing on November 30, 2022. The introduction of ChatGPT quickly ushered in a new era in the tech industry.
“With the launch of ChatGPT late in 2022, the true scale of its disruptive potential was more realized across the world in 2023,” said Naseem Husain, senior vice president and exchange-traded fund (ETF) strategist at Horizons ETFs, in an interview with the Investing News Network. “Its success has sparked a wave of generative and chat AI models, from Midjourney to Grok.”
Based on this success, OpenAI created a more powerful version of the ChatGPT system called GPT-4, which was released in March 2023. This iteration of ChatGPT can accept visual inputs, is much more precise and can display a higher level of expertise in various subjects. Because of this, GPT-4 can describe images in vivid detail and ace standardized tests.
Unlike its predecessor, GPT-4 doesn't have any time limits on what information it can access; however, AI researcher and professor Dr. Oren Etzioni has said that the chatbot is still terrible at discussing the future and generating new ideas. It also hasn't lost its tendency to deliver incorrect information with too high a degree of confidence.
Further improving on its product, in May 2024 OpenAI launched Chat GPT-4o, with the o standing for omni. OpenAI describes GPT-4o as "a step towards much more natural human-computer interaction—it accepts as input any combination of text, audio, image, and video and generates any combination of text, audio, and image outputs."
This version has done away with the lagging response time afflicting GPT-4. This proves especially helpful for producing immediate translations during conversations between speakers of different languages. It also allows users to interrupt the chatbot to pose a new query to modify responses.
More recently, in December 2024, OpenAI introduced ChatGPT Pro subscriptions targeting engineers and academics. For US$200 monthly, users have nearly unlimited access to all ChatGPT models and tools.
The ChatGPT 3.5 and ChatGPT-4 platforms are free to use, and can be accessed via the web. Those with an iPhone or iPad can also use ChatGPT through an app, and an Android version launched in July 2023. OpenAI also launched a paid subscription, ChatGPT Plus for business use, in August 2023. ChatGPT Plus gives users access to GPT-4 and the newest iteration GPT-4o.
ChatGPT-5 was released on August 7, 2025. OpenAI bills this latest iteration of its generative AI technology as a "significant leap in intelligence over all our previous models, featuring state-of-the-art performance across coding, math, writing, health, visual perception, and more." The basic version is available to all users, while there are upgraded capabilities for Plus and Pro subscribers.
However, for some techies GPT-5 does not live up to the hype. Following the release, users took to social media to express their disappointment and report humorous errors made by the chatbot.
What is the Stargate Project?
The Stargate Project is an AI joint venture focused on building new AI infrastructure in the US through US$500 billion in investments. It was announced on January 21, 2025.
Stargate’s initial funding is coming from OpenAI, SoftBank, Oracle (NYSE:ORCL) and UAE-based technology fund MGX. In addition to OpenAI and Oracle, Stargate’s technology partners include Microsoft, NVIDIA, and British semiconductor and software design company Arm Holdings (NASDAQ:ARM).
Newly re-elected US President Donald Trump unveiled Stargate during a press conference at the White House highlighting the importance of investment in US AI infrastructure. During the announcement, OpenAI’s Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son credited Trump’s return to office as a major catalyst in making Stargate a reality. The construction of data centers for the Stargate Project are already underway in Texas, according to Ellison.
How much has Microsoft invested in OpenAI?
Ascannio / Shutterstock
Over the years, Microsoft has reportedly invested nearly US$14 billion in OpenAI to help the small tech firm create its ultra-powerful AI chatbot.
As for how Microsoft could benefit from its investment in OpenAI, OpenAI officially licensed its technologies to Microsoft in 2020 in a then-exclusive partnership. Indeed, Pitchbook has described the deal as an “unprecedented milestone” for generative AI technology. Since then, Microsoft has made good use of OpenAI’s technology in developing new advancement in its Azure cloud computing business.
However, the relationship between the two has changed in recent months.
Notably, Microsoft is not a financier of the Stargate Project joint venture, and is instead just described as a technology partner. According to OpenAI’s press release, the new joint venture builds on its existing partnership with Microsoft.
Microsoft’s lack of a funding role in Stargate led some to wonder if the trillion-dollar tech firm had soured on its relationship with OpenAI. This conclusion was understandable given reports that Microsoft refused to make a bigger contribution than the US$750 million it invested during the OpenAI US$6.6 billion funding round in October 2024.
Additionally, Microsoft changed the contract between the two companies and is no longer the exclusive cloud provider for OpenAI, but has the right of first refusal for deals the AI firm may make with other cloud companies.
As Bloomberg technology reporter Dina Bass explained, Microsoft stands to benefit from its role as a technology partner without having to invest a dime into the project.
“Microsoft views the revised contract with OpenAI as advantageous, according to people familiar with the company’s thinking. The software giant retains its share of OpenAI’s revenue and is the largest investor in a company that may now become even more valuable — though the size of that stake could change as the startup works to restructure as a for-profit,” wrote Bass. “And Microsoft also still has access to OpenAI models, even if they’re trained in a data center funded by Softbank or Oracle.”
In the spring of 2025, there were reports that Microsoft and OpenAI's relationship was on the brink of a big breakup. The tech giant had been pushing for a much larger percentage of OpenAI's revenues than the 20 percent it currently enjoys. According to the Wall Street Journal (WSJ) in June 2025, OpenAI was considering making antitrust complaints about Microsoft to regulators. However, it seems the pair of tech companies have reached a more amenable consensus about the future of ChatGPT and their partnership.
"OpenAI is also putting final touches on the ownership structure behind the new for-profit company it is trying to create. The company said it plans to keep the nonprofit’s control over the new for-profit and endow it with a stake valued at more than $100 billion," reported WSJ. "That would make the nonprofit one of the largest philanthropies in the world on paper, although it is unclear how long it would take for funds to be available for distribution."
Elon Musk's position on OpenAI
DIA TV / Shutterstock
OpenAI was founded in 2015 by Altman, its current CEO, as well as Tesla (NASDAQ:TSLA) CEO Elon Musk and other big-name investors, such as venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman. Musk left his position on OpenAI's board of directors in 2018 to focus on Tesla and its pursuit of autonomous vehicle technology.
A few days after ChatGPT became available for public testing, Musk took to X, formerly known as Twitter, to say, “ChatGPT is scary good. We are not far from dangerously strong AI.” That same day, he announced that X had shut the door on OpenAI’s access to its database so it could no longer use it for RLHF training.
His reason: “OpenAI was started as open-source & non-profit. Neither are still true.”
Furthering his feud with OpenAI, Musk filed a lawsuit against the company in March 2024 for an alleged breach of contract. The crux of his complaint was that OpenAI has broken the "founding agreement" made between the founders (Altman, Greg Brockman and himself) that the company would remain a non-profit. Altman and OpenAI have denied there was such an agreement and that Musk was keen on an eventual for-profit structure.
Musk dropped the lawsuit three months later without giving a reason, reported Reuters. The day before he dropped the lawsuit, he reacted to the news that Apple (NASDAQ:AAPL) is partnering with OpenAI to incorporate ChatGPT with Apple devices. On X, Musk declared, "If Apple integrates OpenAI at the OS (operating system) level, then Apple devices will be banned at my companies. That is an unacceptable security violation.” It should be noted that OpenAI has said queries completed on Apple devices will not be stored by OpenAI. By August 2024, Musk had resumed his litigation in federal court.
It seems that the US government also has questions about the restructuring of the private company and the involvement of tech giant Microsoft, as reported by Bloomberg. In early January 2025, the Financial Press also reported the Federal Trade Commission (FTC) has raised questions about the potential anti-trust violations in the newly emerging AI technology space arising from Microsoft's partnership with and investments in OpenAI.
Of course, Musk took to X to weigh in on the Stargate Project, suggesting OpenAI and its partners don’t actually have the US$500 million they’ve pledged to invest. Sam Altman was quick to reply, telling Musk he’s mistaken and inviting him to visit their data center under construction in Texas.
However, Musk is not alone in his skepticism. For example, Atreides Management Chief Investment Office Gavin Baker also questioned the deal on X. “Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously,” Baker wrote, backing up his statement by explaining the financial positions of each of the partners. “Nowhere close to $500b. Everyone should just start issuing press releases for $1 trillion AI projects.”
OpenAI criticisms and lawsuits
While ChatGPT has served as a major step forward in generative AI technology, there are many technical and ethical concerns with the program that have emerged since it launched, including fears over job destruction and targeted disinformation campaigns.
Accuracy of information in ChatGPT's answers is not guaranteed. Its selection of which words to string together are actually predictions — not as fallible as mere guesses, but still fallible. Even the 4.0 version is “still is not fully reliable (it “hallucinates” facts and makes reasoning errors),” says the company, which emphasizes that users should exercise caution when employing the technology.
Indeed, ChatGPT's failings can have dangerous real-life consequences. Among other negative applications, the tech can be used to spread misinformation, carry out phishing email scams or write malicious code.
There’s also the fear among teachers that the technology is leading to an unwelcome rise in academic dishonesty, with students using ChatGPT to write essays or complete their homework.
“Teachers and school administrators have been scrambling to catch students using the tool to cheat, and they are fretting about the havoc ChatGPT could wreak on their lesson plans,” writes New York Times tech columnist Kevin Roose.
Many lawsuits against OpenAI have emerged as well. Multiple news outlets, including the the New York Times, have launched copyright lawsuits against OpenAI, and some of the plaintiffs are also seeking damages from the private tech firm’s very public partner Microsoft.
Additionally, the Authors Guild, which represents a group of prominent authors, launched a class-action lawsuit against OpenAI that is calling for a licensing system that would allow authors to opt out of having their books used to train AI, and would require AI companies to pay for the material they do use.
In October, OpenAI researcher Suchir Balaji blew the whistle on the company, reporting that the firm was violating US copyright laws. He died one month later in what was ruled a suicide, but the investigation is still open.
Cybersecurity risks are also a concern for ChatGPT users, and recent events along these lines add validity to Musk's warning. For one, in 2024 ChatGPT for macOS was discovered to be breaching Apple's security rules by storing data as plain text rather than encryption, making it possible for other apps to access.
What's the future of OpenAI and ChatGPT?
What about the long-term goals for OpenAI and ChatGPT? For most of the tech leaders in this space, the end game is artificial general intelligence (AGI) — a system that can perform any function the human brain can, including self-teaching, abstract thinking and understanding cause and effect.
As uptake increases, AI technology is taking over the role of humans and will likely continue doing so in a number of fields, from content creation and customer service to transcription and translation services, and even in graphic design, software engineering and paralegal fields.
In addition to Microsoft's use of the ChatGPT technology as part of Copilot, other companies are working with OpenAI to incorporate the technology into their platforms, including Canva, Duolingo (NASDAQ:DUOL), Expedia Group (NASDAQ:EXPE), Intercom, Salesforce (NASDAQ:CRM), Stripe, Tinder, Upwork (NASDAQ:UPWK) and Visa (NYSE:V).
For 2025, OpenAI is focusing on developing agentic AI capabilities into its ChatGPT platform. Agentic AI, a part of the evolution towards AGI, involves AI systems and models that can act autonomously and complete tasks without much human guidance. Early in January, OpenAI announced the rollout of new task features for ChatGPT Pro, Plus and Teams users. While still in the beta stage, these features allow users to schedule future tasks to be completed by ChatGPT, such as a weekly news brief or reminders about important meetings.
OpenAI first debuted its foray into agentic AI in September 2024 with the introduction of ChatGPT o1, stating "We've developed a new series of AI models designed to spend more time thinking before they respond." The release of the next iterations of this model, ChatGPT o3 mini and o4 mini happened in the first half of 2025.
The recent release of Chinese startup DeepSeek’s AI assistant may present a problem for OpenAI and the US tech industry as a whole. In what tech gurus like Marc Andreesen call AI’s Sputnik moment, DeepSeek unseated ChatGPT as the most downloaded free app in the Apple App Store, at reportedly a fraction of the cost. For reference, in 1957 the Soviets launched Sputnik, the earth’s first artificial satellite, beating out the United States and sparking a Cold War space exploration race between the two nations.
The DeepSeek launch set off a significant sell off in technology stocks on January 27, 2025, especially among the Magnificent Seven members, including NVIDIA, Microsoft and Alphabet (NASDAQ:GOOGL).
When will OpenAI go public?
OpenAI stock is not currently publicly traded, and despite the plan to transition to include both a non-profit and for-profit business, there are no signs of an on initial public offering (IPO) in the works for 2025. For now, investors can gain exposure through related tech companies discussed below.
Which stocks will benefit the most from AI chatbot technology?
While most companies specializing in generative AI remain in the venture capital stage, there are plenty of AI stocks for those interested in the space. INN's article 5 Canadian Artificial Intelligence Stocks, ASX AI Stocks: 5 Biggest Companies, Global AI Stocks: 9 Biggest Companies in 2025 and 12 Generative AI Stocks to Watch as ChatGPT Soars includes some examples.
Other than companies directly tied to generative AI technology, which stocks are likely to get a boost from generative AI advancements?
There are several verticals in the tech industry with indirect exposure to AI chatbot technology, such as semiconductors, network equipment providers, cloud providers, central processing unit manufacturers and internet of things.
Some of the publicly traded companies in these verticals include:
- Graphics processing unit leader NVIDIA (NASDAQ:NVDA)
- The world's largest semiconductor chip manufacturer by revenue, Taiwan Semiconductor Manufacturing Company (NYSE:TSM)
- Computer memory and data storage producer Micron Technology (NASDAQ:MU)
- Digital communications firm Cisco Systems (NASDAQ:CSCO)
- Networking products provider Juniper Networks (NYSE:JNPR)
- Semiconductor producer Marvell Technology Group (NASDAQ:MRVL)
- Cloud-computing Amazon Web Services' parent company Amazon (NASDAQ:AMZN)
- Bluechip multinational technology company IBM (NYSE:IBM)
- Major semiconductor chip manufacturer Intel (NASDAQ:INTC)
Investors who don’t like to put all their eggs in one basket can check out these 5 Artificial Intelligence ETFs. And if you’re looking for a more general overview of the market, INN has you covered with How to Invest in Artificial Intelligence.
You can also take a look back at the market with our AI Market 2024 Year-End Review and AI Market Update: Q2 2025 in Review, or read projections for AI this year in our AI Market Forecast: 3 Top Trends that will Affect AI in 2025. Generative AI is also a major theme in the Top 10 Emerging Technologies to Watch.
FAQs for investing in OpenAI and ChatGPT
How is OpenAI funded?
OpenAI raised US$57.9 billion over 11 funding rounds from 2016 to March 2025.
Top investors include technology investment firm Thrive Capital, venture capital firm Andreessen Horowitz and revolutionary technology investment firm Founders Fund.
What is the market value of ChatGPT/OpenAI?
OpenAI has a market valuation of US$300 billion as of June 2025. The company’s annualized revenue reached the US$10 billion mark in June 2025, up from the US$5.5 billion achieved in December 2024.
Does ChatGPT use NVIDIA chips?
ChatGPT’s distributed computing infrastructure depends upon powerful servers with multiple graphics processing units (GPUs). High-performance NVIDIA GPU chips are preferred for this application as they also provide excellent Compute Unified Device Architecture support.
What is DeepSeek?
DeepSeek is a Chinese AI company that launched new AI-driven, open-source language models known as DeepSeek-V3 and DeepSeek-R1 into the market in January 2025. Reuters reports that "the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia H800 chips."
DeepSeek-R1 is designed to compete with the performance of OpenAI-o1 across math, code, and reasoning tasks.
Can ChatGPT make stock predictions?
A University of Florida study from 2023 highlighted the potential for advanced language models such as ChatGPT to accurately predict movements in the stock market using sentiment analysis.
During the course of the study, ChatGPT outperformed traditional sentiment analysis methods, and the finance professors conducting the research concluded that “incorporating advanced language models into the investment decision-making process can yield more accurate predictions and enhance the performance of quantitative trading strategies.”
When to expect ChatGPT 5?
OpenAI's latest version of ChatGPT, GPT-5, was released on August 7, 2025. The basic version is available to all users, while there are upgraded capabilities for Plus and Pro subscribers.
This is an updated version of an article first published by the Investing News Network in 2023.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Tech Weekly: Semiconductor Stocks Rally on Fed Rate Cut and Strategic Deal
Likewise, Bank of Canada Governor Tiff Macklem warned that broad-based tariffs and trade tensions pose structural risks to the Canadian economy. He emphasized that, unlike the pandemic bounceback, Canada will not see a quick economic rebound if tariffs persist, as they could permanently lower output and weaken growth across key sectors.
Nasdaq-100 performance, September 12 to 19, 2025.
Chart via Nasdaq.
Against that backdrop, the Nasdaq-100 (INDEXNASDAQ:NDX) put on a strong performance this week, closing at 24,626.25 on Friday (September 19), up 0.7 percent. The index saw momentum build toward the end of the week, supported by growth in technology and semiconductor stocks.
NVIDIA to take US$5 billion stake in Intel
While the Fed's decision was a key factor for the tech sector this week, a landmark deal stole the spotlight.
A strategic partnership between NVIDIA (NASDAQ:NVDA) and Intel (NASDAQ:INTC) dominated the news cycle on Thursday (September 18), sending shockwaves through the semiconductor industry.
In a historic move, NVIDIA announced a US$5 billion investment in Intel as part of a new partnership. The companies will collaborate on custom data center and PC products, aiming to jointly develop custom CPUs and GPUs by integrating NVIDIA's AI and accelerated computing technologies with Intel’s x86 platforms for data centers and personal computing.
The deal marks a major realignment in the chip industry focused on AI infrastructure innovation. Shares of both companies finished the week higher, with Intel notching a notable 21 percent increase.
Semiconductor exchange-traded funds (ETFs) also surged in response to the NVIDIA-Intel partnership announcement, with the iShares Semiconductor ETF (NASDAQ:SOXX) gaining 4.17 percent, the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) rising 3.93 percent and the VanEck Semiconductor ETF (NASDAQ:SMH) increasing 3.92 percent over the course of the week, reflecting strengthened investor confidence across the sector.
Semiconductor ETF performance, September 16 to 19, 2025.
Chart via Google Finance.
The Intel-NVIDIA collaboration comes after reports this week that China's regulatory authority has instructed major tech firms like Alibaba (NYSE:BABA) and ByteDance to stop buying and cancel orders of NVIDIA's AI chip designed for China. The news sent NVIDIA shares down early in the week, but the company ended the period flat.
The collaboration also helped provide a much-needed boost to Intel's share price. The company has struggled with operational challenges and a difficult turnaround effort in the highly competitive semiconductor market.
In a direct reaction to the Intel-NVIDIA deal, shares of Advanced Micro Devices (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM) declined on Thursday.
The latter company recovered some of its losses on Friday.
Advanced Micro Devices and Taiwan Semiconductor Manufacturing Company performance, September 16 to 19, 2025.
Chart via Google Finance.
US and UK sign tech prosperity deal
In other tech news, the US and UK signed a memorandum of understanding on Friday, pledging to boost collaboration in science and tech. Called the Technology Prosperity Deal, the arrangement focuses on civil nuclear power, aiming for independence from Russian fuel by late 2028 and developing new tech like small modular reactors.
The agreement also establishes joint task forces for AI standards and security, as well as quantum computing breakthroughs, and explores civil maritime nuclear applications.
Tech news to watch next week
Next week, investors will have an eye on Micron Technology's (NASDAQ:MU) fiscal Q4 results, scheduled to be released on September 23 after market close. Analysts are estimating revenue of around US$11.15 billion.
Accenture (NYSE:ACN), a professional services company, will also release its fiscal Q4 results next week on September 25, with revenue expected in the US$17 billion range.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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