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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.
Boeing, Tesla, Nvidia And Other Stocks Surge Amid U.S.-Saudi Dealmaking Spree
Boeing's deal with Qatar Airways comes as Qatar offered to donate a $400 million 747-8 jumbo jet for President Donald Trump to use as a temporary Air Force One.
Nvidia Leads Chips Stocks Higher on Optimism About New Partnerships, Trade Deals
Shares of Nvidia and other semiconductor stocks surged Tuesday amid optimism about new partnerships and trade deals.
US close to letting UAE import millions of Nvidia's AI chips, sources say
US president Donald Trump this week is on a tour of the Gulf region and on Tuesday announced $600 billion worth of commitments from Saudi Arabia, including deals to buy large quantities of chips from Nvidia,
Amazon, AMD Launch Multibillion Dollar AI Projects in Saudi Arabia
The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and Gulf nations.
US to Boost Saudi AI Chip Access Even as China Issues Linger
The Trump administration is preparing to announce a deal granting Saudi Arabia more access to advanced semiconductors, paving the way for increased data center capacity in the Gulf nation despite concerns from some US officials about its ties to China,
Nvidia share price soars by over 5 per cent as valuation crosses $3 trillion mark amidst Saudi deal, rising AI chip demand
Nvidia's stock rose over 5 per cent, pushing its value past $3 trillion. New global deals and upcoming faster AI chips are boosting investor confidence, despite trade worries and fears of lower tech spending.
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