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Nvidia Returns to $3 Trillion Club as Stock Surges on Saudi AI Partnership
Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.
NVIDIA (NasdaqGS:NVDA) Expands AI Horizons With Saudi Arabia Partnerships And Governance Changes
NVIDIA (NasdaqGS:NVDA) recently announced a significant partnership with Saudi Arabia to advance AI capabilities, which coincides with the company's strategic focus on developing global collaborations.
Nvidia, AMD, and Qualcomm Lead Wave of AI Partnerships in Middle East
U.S. tech giants including Nvidia, AMD, and Qualcomm have signed major AI deals with Saudi Arabia's new startup Humain, backed by the kingdom's sovereign wealth fund. The agreements coincide with former President Donald Trump securing $600 billion in investment commitments during his Middle East tour.
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Nvidia surges back to $3 trillion market value
Nvidia’s valuation reached a thumping $3 trillion since February, shortly after a 90-day pause was declared for the U.S.-China tariffs
Nvidia Climbs On Saudi AI Investments: Analyst Estimates $15 Billion To $20 Billion In Revenue
Biden restricted the export of U.S. semiconductor chips to Saudi Arabia over national security concerns. Trump rescinded those restrictions.
Nvidia Stock Has Gained 50% Since Its April Lows—Watch These Key Levels
Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.
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