Despite Nvidia's AI semiconductor dominance, competitors are innovating to challenge its lead. Read about AMD, Qualcomm, Broadcom, Amazon, and more.

Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.

US President Trump moves to ease AI chips export rules, letting nations like Saudi Arabia negotiate access while aiming to prevent tech diversion to China.

The deal grants Perplexity access to Le Monde's content to enhance its search engine's responses, while the newspaper will use the Nvidia-backed startup's technology to develop new AI products. This partnership will also support publishers whose content is featured in Perplexity's generated answers.

Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.

Trump administration revamps semiconductor export regulations, replacing Biden-era approach, drawing objections from US allies and tech companies.

AMD remains in a distant second place to Nvidia in terms of AI accelerator sales, but it seems to have found a big customer in Humain. In a separate announcement, it said the two parties will invest up to $10 billion to build 500 megawatts of AI compute capacity in Saudi Arabia, as part of an “AI superstructure.”

Saudi Arabian artificial intelligence company Humain to supply semiconductors for a massive data center project. The chipmakers secured deals as part of a larger $600 billion investment package promised by Saudi Arabia to American artificial intelligence companies during President Donald Trump tour of Gulf states.

NVIDIA (NasdaqGS:NVDA) recently formed a significant partnership with HUMAIN, marking a pivotal advancement in AI development. Over the last month, NVIDIA's stock price rose by 17%, primarily driven by this collaboration and other strategic initiatives,