Nvidia, Saudi Arabia and AI Stocks
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Some analysts believe that AWS alone could eventually be worth $3 trillion -- which is roughly Nvidia's current market cap. Add in the value of its other businesses, and the case for Amazon outpacing the chipmaker becomes obvious.
Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.
A tech rally helped push the Nasdaq higher, with shares of AMD and Nvidia rising more than 4%. Alphabet (GOOGL, GOOG) ticked higher by over 3%, and shares of Super Micro Computer
However, Nvidia just rejoined Apple ( AAPL -0.28%) and Microsoft ( MSFT 0.81%) in the $3 trillion club. Could it even become the first $4 trillion stock by 2026? What did Nvidia do to bounce back? Nothing on its own. To understand the stock's rebound, we need to first understand why it fell in the first place.
Nvidia shares rose for a third straight day Wednesday, with sentiment in the artificial-intelligence sector bosted by tech deals that followed President Trump's visit to the Middle East. BofA Secur
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Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.
While this bodes well for Nvidia and AMD, another industry darling is positioned to benefit from these tailwinds. Broadcom's AI business is thriving thanks to cloud hyperscalers, suggesting the stock could be an interesting buy.
The pay package of Nvidia Corp. Chief Executive Officer Jensen Huang jumped 46% to nearly $50 million in fiscal 2025 after the company he co-founded became the top beneficiary of an artificial intelligence spending boom.
The recovery in Nvidia (NASDAQ: NVDA) stock continues again today. Today's move comes as CEO Jensen Huang attends the Saudi Arabia-U.S. investment forum along with other business leaders and President Trump.
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.
The consensus estimates earnings of $0.89 per share, reflecting a 45% increase from the previous year, while revenues are projected to rise by 65% year-over-year to
Nvidia shares are back in positive territory for the year after climbing 4% on Wednesday. Boeing and Qatar Airways announced a deal for the Middle Eastern airline to buy up to 210 jets. U.S. President Donald Trump gave a speech at U.