The GraniteShares 2x Long NVDA Daily ETF (NVDL) surged 5.07% intraday on Tuesday, mirroring bullish sentiment around its underlying asset, NVIDIA (NVDA). The leveraged ETF’s gains reflect NVIDIA’s strengthening position in AI and robotics, fueled by two key developments.

First, Fanuc Corporation announced a deep collaboration with NVIDIA to integrate AI-driven simulation technologies into industrial robotics, leveraging NVIDIA’s Isaac Sim platform. This partnership underscores NVIDIA’s expanding ecosystem in "Physical AI." Second, Samsung Electronics cleared internal tests for its high-bandwidth memory (HBM4) chips, positioning itself to supply NVIDIA’s next-gen GPUs. These advancements reinforce NVIDIA’s supply chain and technological leadership, driving optimism for its stock and, consequently, NVDL.