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Nvidia and AMD Stocks Rally on Trump's Saudi Arabia Visit
President Trump is striking deals to give Saudi Arabia wider access to advanced AI chips. Nvidia, AMD are seeing gains while Super Micro announced it reached a deal worth $20 billion dollars. Bloomberg Technology Co-Host Ed Ludlow joined Bloomberg Open Interest with the latest.
Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.
The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and ...
Shares of Advanced Micro Devices ( AMD 4.62%), commonly referred to as AMD, charged sharply higher on Wednesday, gaining as ...
Computex, which runs May 20-23 and is expected to have 1,400 exhibitors, marks the first major gathering of computer and chip ...
The partnership was announced as part of a White House tour to Saudi Arabia, Qatar, and the United Arab Emirates.
Nvidia and other AI stocks climbed Wednesday, extending Tuesday's gains as Saudi partnerships stoked excitement for future ...
BENGALURU] Advanced Micro Devices (AMD) on Wednesday (May 14) announced a new US$6 billion stock buyback plan, joining a ...
We recently compiled a list of the 9 AI Stocks Poised to Gain from Trump’s Middle East AI Push. In this article, we are going ...
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