Shares of Nvidia surged following the announcement of substantial investment agreements in artificial intelligence between the US and Saudi Arabia’s Crown Prince Mohammed bin Salman. The deals, valued in billions of dollars, were made amid efforts by the Trump administration to strengthen its relationship with the prosperous Middle Eastern Kingdom.
Source: https://www.euronews.com/business/2025/05/14/nvidia-stock-soars-on-us-saudi-ai-deal-backed-by-trump-bin-salman
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