The actions of NVIDIA (NVDA) and other actions of semiconductors jumped on Tuesday in the midst of optimism concerning new partnerships and commercial transactions.
NVIDIA shares increased by more than 6% during recent negotiations, and advanced actions of micro devices (AMD) increased by 4% after companies said that they provide semiconductors to the SAUDITE IA startup, in the startup, as part of the initiatives announced while President Trump launched a four-day trip, Saoudie.
As part of NVIDIA’s partnership with Human, which CEO Jensen Huang would have announced on stage during an event in Riyadh, the company said that it would deploy “several hundred thousand GB300 GB300 GB300 Grace Blackwell AI Supercomposer with infinite network technology of 18,000 GB300.
Meanwhile, AMD said that and the human would invest up to $ 10 billion over the next five years to build IA computer centers “extending from the Kingdom of Saudi Arabia in the United States”.
The announcements come when President Trump has sought to obtain $ 1 billion of dollars in investment and commercial promises from Saudi Arabia, with plans to visit Qatar and the United Arab Emirates during his trip.
The White House did not immediately respond to a Investigation Request for comments on Chip partnerships.
Broadcom’s actions (AVGO), Micron Technology (MU) and other chip actions were also higher in recent exchanges, which increased the semiconductor index (SOX) of PHLX up approximately 3%, extended Monday gains after the United States and China agreed to lower prices on imports for 90 days.
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