Nvidia (NVDA) stock jumped 16% over the five trading sessions ending Friday. The reason: optimism for its overseas business, specifically deals announced to expand its business in Saudi Arabia and the United Arab Emirates. This comes ahead of its quarterly earnings report on May 28.
On Tuesday, Nvidia unveiled a commitment with Saudi Arabia’s new AI venture Humain — which is owned by Saudi Arabia’s $925 billion Public Investment Fund — to supply it with several hundred thousand…
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