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Nvidia, AMD Sell Chips to Saudi Arabia

Reuters on MSN · 4h

US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states

By Max A. Cherney and Stephen Nellis (Reuters) -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.

Business Insider on MSN · 11h

From Nvidia chips to Amazon's AI zone, these are the key deals struck during Trump's tour of Saudi Arabia

Amazon, Google, and Nvidia are among those who struck deals during Trump's visit to the Middle East, his first major overseas trip of his second term.

The Washington Post · 1d

Nvidia to send 18,000 AI chips to Saudi Arabia

U.S. chip maker Nvidia will partner with Saudi Arabia’s sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project

AMD price jumps on $6 billion stock buyback plan

Reuters on MSN · 12h

AI chipmaker AMD unveils $6 billion buyback plan

Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing.

Fast Company · 9h

AMD price jumps on $6 billion stock buyback plan: What that means and why it matters

Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.

Investopedia on MSN · 11h

AMD Stock Jumps as Chip Designer Announces New $6B Buyback Plan

Advanced Micro Devices shares jumped Wednesday, as the chip designer said its board approved a fresh $6 billion share buyback program.

4hon MSN

Nvidia, AMD extend stock gains. Why the AI trade is roaring back.

Nvidia’s partnership with Saudi Arabia’s Humain could help offset some of its revenue losses in China, analysts said.

6h

Amazon, AMD Launch Multibillion Dollar AI Projects in Saudi Arabia

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and ...

2hon MSN

Taiwan's Computex to Showcase AI Advances, Nvidia's Huang to Take Centre Stage

Computex, which runs May 20-23 and is expected to have 1,400 exhibitors, marks the first major gathering of computer and chip ...

12h

TensorWave raises $100M to build out AI training cluster data center with 8,000+ AMD GPUs

TensorWave Inc., a graphics processing unit cloud platform for artificial intelligence that’s focused on offering an ...

2h

NVIDIA to Sell Saudi Arabia 18,000 AI Chips For ‘New Industrial Revolution’

The partnership was announced as part of a White House tour to Saudi Arabia, Qatar, and the United Arab Emirates.

TensorWave Raises $100M to Build the Future of AI Infrastructure

In a big swing that signals just how hot the AI infrastructure race has become, TensorWave announced a $100 million Series A ...

The Business Times2h

AI chipmaker AMD unveils US$6 billion buyback plan

BENGALURU] Advanced Micro Devices (AMD) on Wednesday (May 14) announced a new US$6 billion stock buyback plan, joining a ...

10hon MSN

Why AMD Stock Popped Wednesday Morning

Shares of Advanced Micro Devices ( AMD 4.62%), commonly referred to as AMD, charged sharply higher on Wednesday, gaining as ...

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