Nvidia, AMD and Saudi Arabia
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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 stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.
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.
We recently published a list of the 13 Best Technology Stocks to Buy for Long-Term Investment. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other tech stocks to buy for long-term investment.
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24/7 Wall St. on MSNNvidia (NASDAQ: NVDA) Stock Price Update: Why Shares Are Up 3.8% on May 14thLive Updates Live Coverage Updates appear automatically as they are published. NVDA Top Dow Stock This Past Week 8:30 am NVIDIA will add to its already stellar week, up 15% over the past 5 trading days with what looks to be another 3% starting Wednesday trading.
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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.
Nvidia stock is down 22% from its all-time high, as investors fear tariffs and global trade tensions could dent its data center chip sales. Nvidia will report its latest quarterly financial results on May 28,
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
Shares of Nvidia and other semiconductor stocks surged Tuesday amid optimism about new partnerships and trade deals.
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.