A number of U.S. technology firms on Tuesday announced artificial intelligence deals in the Middle East as U.S. President Donald Trump secured $600 billion in commitments from Saudi Arabia to U.S. companies during a tour of Gulf states.

Saudi Arabia to Become a Global AI Leader With Sovereign AI Infrastructure Powered by NVIDIARIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) -- NVIDIA and the Kingdom of Saudi Arabia (KSA) today announced partnerships to transform the country into a global powerhouse in AI,

Live Updates Live Coverage Updates appear automatically as they are published. Nvidia is Now Up 5.5%, or by $6.71 11:18 am At the moment, shares of Nvidia (NASDAQ: NVDA) are up 5.5%, or by $6.71. Intraday volume is up to 151.

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.

Despite Nvidia's AI semiconductor dominance, competitors are innovating to challenge its lead. Read about AMD, Qualcomm, Broadcom, Amazon, and more.

NVIDIA CEO Jensen Huang announced alongside President Trump's visit in Saudi Arabia that it will supply AI chips to Saudi AI company Humain.

Banks are tapping into the power of generative AI to provide rich experience for employees and customers alike.

Shares of Nvidia and other semiconductor stocks surged Tuesday amid optimism about new partnerships and trade deals.

Shares of Nvidia ( NVDA 5.63%) were off to the races on Tuesday, climbing as much as 6.4%. As of 11:35 a.m. ET, the stock was still up 5.6%. The catalyst that sent the artificial intelligence (AI) chipmaker higher was news that the company could gain greater access to two important markets.