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Nvidia stock extends gains as Saudi Arabia set to spend billions on AI chips, US moves to rescind Biden's chip curbs

Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.

Yahoo Finance 1 minute ago

QCOM

AMD

NVDA
AMD announces $6B share buyback program. Stock gets lift.

Semiconductor manufacturer Advanced Micro Devices (AMD) announced a $6 billion share buyback program, pushing the chip stock higher by nearly 7% in Wednesday's pre-market trading (at the time of this video's posting). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 27 minutes ago

AMD
Trump trade war with China may never be totally over: Former Commerce Secretary Wilbur Ross

Former US Commerce Secretary Wilbur Ross sends a sobering signal to renewed stock market bulls.

Yahoo Finance 1 hour ago

GOOG

^IXIC

AMZN
Cisco & CoreWeave earnings, Fed commentary: What to Watch

Market Domination Overtime co-hosts Julie Hyman and Josh Lipton preview the top stories and news expected out tomorrow, Wednesday, May 14, including the latest earnings results from companies like Cisco Systems (CSCO) and CoreWeave (CRWV), alongside the latest commentary out from Federal Reserve officials, including San Francisco Fed President Mary Daly. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 14 hours ago

CSCO

DT

NXT
Solar stocks, Super Micro, Archer & Palantir: Trending Tickers

Solar stocks, including First Solar (FSLR) and Sunrun (RUN), are rising after an early proposal of the Republican spending bill was not as bad as expected. Plug Power (PLUG), however, is falling as lawmakers consider eliminating a hydrogen production tax credit, which would negatively impact the company. Raymond James analysts initiated coverage of Super Micro Computer (SMCI), giving the stock an Outperform rating and setting a price target of $41. Archer Aviation (ACHR) stock is soaring after the company announced a partnership with Palantir (PLTR). To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

Yahoo Finance Video 17 hours ago

FSLR

ACHR

ACHR-WS
Google needs 'big bang breakup' that would value its businesses at $3.7 trillion as AI threatens Search: Analyst

Alphabet investors would be better off breaking up Google as it struggles to prove that its search engine can maintain dominance in the AI chatbot era, DA Davidson analyst Gil Luria told Yahoo Finance in an interview Tuesday.

Yahoo Finance 20 hours ago

UBER

NVDA

AAPL
US–China deal is a 'dream scenario' for Apple and Nvidia

The Nasdaq 100 (^NDX) is gaining, erasing "Liberation Day" losses following the US and China's agreement to a temporary tariff cut. Wedbush Securities managing director and global head of technology research Dan Ives joins Catalysts to take a closer look at the tech space, specifically Apple (AAPL) and Nvidia (NVDA). To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Yahoo Finance Video 21 hours ago

AAPL

NVDA
Trump begins four-day trip to Middle East in Saudi Arabia

President Trump begins his four-day trip to the Middle East, landing in Saudi Arabia on Tuesday. Meeting with Saudi Crown Prince Mohammed bin Salman, Trump signed several defense and economic agreements and facilitating access to sell semiconductors to Saudi Arabia. Brad Smith and Madison Mills outline Trump's Cabinet members who are set to speak in Saudi Arabia and the tech CEOs who have followed the administration, including Tesla's (TSLA) Elon Musk and Nvidia's (NVDA) Jensen Huang. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 23 hours ago

AMZN

TSLA

NVDA
Trump, Nvidia CEO, & Elon Musk meet with Saudi officials

US President Trump is in Saudi Arabia, kicking off a four-day trip in the Middle East. Yahoo Finance Senior Columnist Rick Newman outlines the artificial intelligence (AI) deals the trips are focused on, Big Tech CEOs coming along, and more. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 23 hours ago

TSLA

NVDA
Is Tesla Stock A Buy Or A Sell As Investors Count Down To The June Robotaxi Launch?

Tesla stock is moving higher once more as investors look past the disappointing first-quarter results and focus on Chief Executive Elon Musk sticking to a robotaxi rollout in June and his plan to scale back his work for President Donald Trump. Tesla stock popped 4.7% to 298.26 during Friday's stock market, advancing above the 200-day moving average and offering investors an aggressive entry. Wedbush Securities analyst Dan Ives, a longtime Tesla bull, wrote on April 23 that "more important than numbers" he was looking for Musk to calm shareholders coming out of a "disaster quarter."

Investor's Business Daily 10 minutes ago

TSLA
Q1 2025 Nu Holdings Ltd Earnings Call

Q1 2025 Nu Holdings Ltd Earnings Call

Thomson Reuters StreetEvents 13 minutes ago

NU
Nvidia, Amazon, Google Among Wedbush's Top Picks to Shape AI Future

Nvidia Leads Wedbush's AI Power List as Chip Demand Explodes

GuruFocus.com 14 minutes ago

NVDA

GOOG

AMZN
NVIDIA Corporation (NVDA) Secures Major AI Chip Deal with Saudi Arabia’s HUMAIN

We recently compiled a list of the 9 AI Stocks Poised to Gain from Trump’s Middle East AI Push. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI stocks. A White House Official said Tuesday that the United States does not need to block the […]

Insider Monkey 18 minutes ago

NVDA
AMD Soars on News of Major AI Compute Deal in Saudi Arabia

AMD Rally Extends After Signing?$10B AI Deal in Saudi Arabia

GuruFocus.com 23 minutes ago

AMD
Sony Q4 Earnings: Financial Unit Spin-Off, Stock Buyback, Cautious Outlook Amid Tariffs

PlayStation parent Sony Group Corp. (NYSE: SONY) reported its fiscal fourth-quarter 2024 results on Wednesday. The company reported a quarterly consolidated sales decline of 24% year-on-year to $17.24 billion (2.63 trillion Japanese yen), missing the analyst consensus estimate of $20.40 billion. EPS of 21 cents (32.63 yen) beat the analyst consensus estimate of 12 cents. Also Read: What’s Pushing Sony To Consider A Semiconductor Spinoff? Segments & Profits: Game & Network Services (G&NS) revenue

Benzinga 28 minutes ago

SONY
AMD launches AMD EPYC 4005 Series processors

AMD (AMD) announced the launch of AMD EPYC 4005 Series processors. These purpose-built processors enable right-sized solutions with enterprise-class features and leadership performance for small and medium businesses and hosted IT service providers. AMD EPYC 4005 Series CPUs deliver the performance, features and efficiency growing businesses need to power everything from enterprise applications and virtualized environments to dedicated, all-day hosted services in the cloud. Utilizing the same pr

TipRanks 32 minutes ago

AMD
Tesla, Inc. (TSLA) Eyes Robotaxi Expansion in Saudi Arabia Amid Robotics Push

We recently compiled a list of the 9 AI Stocks Poised to Gain from Trump’s Middle East AI Push. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other AI stocks. A White House Official said Tuesday that the United States does not need to block the global […]

Insider Monkey 40 minutes ago

TSLA
AMD announces new $6 billion share buyback plan

(Reuters) -Chip major Advanced Micro Devices on Wednesday said its board has approved a new $6 billion share buyback program, boosting its total repurchase authority to about $10 billion.

Reuters 40 minutes ago

AMD
Novo Nordisk Inks A Major Obesity Deal, Sending Shares Of New Partner Septerna Skyrocketing

Novo Nordisk inked an obesity deal worth up to $2.2 billion on Wednesday, and sent shares of Septerna into the stratosphere.

Investor's Business Daily 42 minutes ago

NONOF

NVO

SEPN
Advanced Micro Devices, Inc. (AMD) and HUMAIN Partner on $10B Global AI Infrastructure Expansion

We recently compiled a list of the 9 AI Stocks Poised to Gain from Trump’s Middle East AI Push. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stocks. A White House Official said Tuesday that the United States does not need to […]

Insider Monkey 43 minutes ago

AMD

Performance Overview

Return	601777.SS	SSE Composite Index (000001.SS)
YTD	+14.90%	+1.56%
1-Year	+169.63%	+8.21%
3-Year	+109.29%	+10.36%

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Related News

Nvidia stock extends gains as Saudi Arabia set to spend billions on AI chips, US moves to rescind Biden's chip curbs

AMD announces $6B share buyback program. Stock gets lift.

Trump trade war with China may never be totally over: Former Commerce Secretary Wilbur Ross

Cisco & CoreWeave earnings, Fed commentary: What to Watch

Solar stocks, Super Micro, Archer & Palantir: Trending Tickers

Google needs 'big bang breakup' that would value its businesses at $3.7 trillion as AI threatens Search: Analyst

US–China deal is a 'dream scenario' for Apple and Nvidia

Trump begins four-day trip to Middle East in Saudi Arabia

Trump, Nvidia CEO, & Elon Musk meet with Saudi officials

Is Tesla Stock A Buy Or A Sell As Investors Count Down To The June Robotaxi Launch?

Q1 2025 Nu Holdings Ltd Earnings Call

Nvidia, Amazon, Google Among Wedbush's Top Picks to Shape AI Future

NVIDIA Corporation (NVDA) Secures Major AI Chip Deal with Saudi Arabia’s HUMAIN

AMD Soars on News of Major AI Compute Deal in Saudi Arabia

Sony Q4 Earnings: Financial Unit Spin-Off, Stock Buyback, Cautious Outlook Amid Tariffs

AMD launches AMD EPYC 4005 Series processors

Tesla, Inc. (TSLA) Eyes Robotaxi Expansion in Saudi Arabia Amid Robotics Push

AMD announces new $6 billion share buyback plan

Novo Nordisk Inks A Major Obesity Deal, Sending Shares Of New Partner Septerna Skyrocketing

Advanced Micro Devices, Inc. (AMD) and HUMAIN Partner on $10B Global AI Infrastructure Expansion

Performance Overview