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Nvidia and Other AI Stocks Climb as Saudi Deals Raise Expectations of More to Come
Key Takeaways Nvidia and other AI stocks climbed Wednesday, extending gains following new partnerships announced in Saudi Arabia.AMD, Supermicro, Palantir, and Tesla shares were among those that gained Wednesday.
Trump's $600 Billion Saudi Investment Deal: What We Know So Far
The deal features a mix of public and private partnerships, a strong emphasis on emerging technologies, and a $142-billion arms deal.
Super Micro’s stock keeps surging. Here’s what might come next.
Saudi Arabia’s plan to invest $20 billion in U.S. artificial-intelligence data centers and energy infrastructure creates big opportunities for AI stocks.
Nvidia jumps back above $3 trillion valuation after announcing chip deal with Saudi Arabia
Nvidia topped a $3 trillion valuation for the first time since February. A fresh AI partnership with Saudi Arabia was boosting the stock on Tuesday.
Why Arm Holdings Stock Was Moving Higher Today
Shares of Arm Holdings ( ARM 5.55%) are moving higher today for two primary reasons. First, there was an upward trend in semiconductor stocks as several companies announced AI deals in the Middle East, assuaging concerns that "AI diffusion" rules won't be as strict as some had feared.
Schaeffer's Investment Research12h
Chip Stock Surges on Share Buyback, Saudi Arabia Deal
Advanced Micro Devices (AMD) is surging, heading for its sixth-straight win after the chipmaker announced a share buyback and deal with Saudi Arabia
Stock Movers: Super Micro, CoreWeave, Cisco
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Why Palantir Stock Is Skyrocketing Today -- A New Trump Deal Could Be Incoming
Palantir's stock is seeing a boost from reports that the U.S. and Saudi Arabian governments have reached a new deal that could create significant new business opportunities in the Middle East for the artificial intelligence (AI)-fueled data analytics company.
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed.
Stock Movers: NVDA, United Health, SMCI
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
AMD stock rallies on stock buyback announcement: find out more
AMD increases existing stock repurchase authorisation by $6 billion. The AI chips giant has signed a multi-year deal with Saudi Arabia.
Nvidia stock extends gains as Saudi Arabia set to spend billions on AI chips, US moves to rescind Biden's chip curbs
Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.
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