Nvidia stock soars on US-Saudi AI deal backed by Trump, bin Salman
Nvidia’s shares surged 5.6% on Tuesday, boosted by a tens-of-billions-of-dollars artificial intelligence (AI) investment plan agreed between the US and Saudi Arabia. However, the AI powerhouse’s stock remains down 4.5% year-to-date as of market close on 13 May, facing challenges stemming from US-China trade tensions and the launch of China’s DeepSeek,
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