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TLDR
Nvidia stock jumps 7% after Saudi AI chip deal boosts momentum Nvidia reclaims a $ 3 trillion dollar value with Middle East expansion Saudi Arabia orders 18000 AI chips to power new data center The US may ease export rules, opening more markets for Nvidia chips Nvidia leads tech rebound as global AI demand continues to growNVIDIA Corporation (NVDA) shares surged on Tuesday, posting a sharp single-day gain and reclaiming a market valuation above $3 trillion. Nvidia’s stock jumped over 7% by midday.
The rise followed news of a significant deal with Saudi Arabia’s AI company, Humain, to deliver 18,000 top-tier AI chips. The upward momentum placed Nvidia ahead of its peers and confirmed renewed confidence in its global strategy.
Massive Saudi AI Deal Boosts Market Sentiment
Nvidia announced it will supply 18,000 GB300 Blackwell chips to Humain, a Saudi Arabia’s Public Investment Fund subsidiary. This delivery is part of a broader plan to build a 500-megawatt AI data center in the Kingdom. The large-scale agreement reflects strong demand for advanced AI computing infrastructure in the Middle East.
JUST IN: 🇺🇸🇸🇦 Nvidia $NVDA is sending 18,000 of its top AI chips to Saudi Arabia. pic.twitter.com/s8f7EkfD2m
— Whale Insider (@WhaleInsider) May 13, 2025
The chips will support Humain’s strategy to become a global AI leader by deploying NVIDIA’s most advanced hardware. These AI factories aim to train sovereign AI models and offer robust infrastructure for future technologies. The announcement triggered a wave of buying interest as markets reacted to the scale and ambition of the partnership.
This project marks a strategic shift for Nvidia as it expands its international footprint beyond export-restricted regions. While some global markets remain limited by trade policies, Saudi Arabia presents a high-growth opportunity. This development reinforces Nvidia’s role in powering digital transformation in emerging tech hubs.
Nvidia Gains Ground as AI Chip Demand Diversifies
Alongside the Saudi deal, reports suggest the Trump administration is considering lifting export limits for AI chips to the UAE. This policy shift would allow shipments exceeding one million Nvidia chips, significantly expanding its market reach. The news added further fuel to Nvidia’s rally on Tuesday.
Wedbush analyst Dan Ives noted that demand for AI chips extends far beyond Asia, signaling global diversification. This diversification reduces Nvidia’s dependence on high-risk regions affected by U.S.-China tensions. The broader geographic spread positions Nvidia for sustained growth across multiple international markets.
Despite challenges from trade bans and rising competition, Nvidia has shown resilience by securing high-value deals outside traditional markets. Its adaptability has allowed it to counteract negative impacts from Chinese chip restrictions. In doing so, the company has solidified its reputation as the leading supplier of next-generation AI hardware.
Broader Tech Surge and Strategic Momentum
The spike followed Monday’s rally among major tech companies after temporary tariff cuts signaled easing U.S.-China trade tensions. Together, these developments pushed Nvidia back above the $3 trillion mark for the first time since February.
Nvidia, Apple, and Microsoft continue to compete for the top spot in global market capitalization. Although Nvidia had recently trailed behind, the latest moves have revived its standing among tech giants. Tuesday’s performance marked a strong comeback in a year with mixed results.
While Nvidia is still down almost 3% for 2025, its recent gains signal a potential turnaround. The S&P 500 remains flat year-to-date, highlighting Nvidia’s rebound as a standout. The company is set to report earnings on May 28, which may further shift momentum if results align with expectations.
The post NVIDIA Corporation (NVDA) stocks: Rallies 7% and Reclaims $3 Trillion Market Cap on Massive Middle East Expansion appeared first on CoinCentral.
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