May 15, 2025

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Nvidia, AMD, Saudi Arabia AI Investment Plans, TensorWave Funding

Nvidia's stock has surged following the announcement of a tens-of-billions-of-dollars artificial intelligence investment plan between the US and Saudi Arabia. The deal includes a $600 billion investment pledge by Saudi Arabia into the US, with nearly $142 billion for defense sales and $80 billion for 'cutting-edge transformative technologies'. Nvidia will partner with HUMAIN, a Saudi Arabian AI venture, to supply its most advanced AI chips over the next five years. Other US chipmakers, including AMD and Qualcomm, have also announced AI investment plans in Saudi Arabia. The deals are seen as a boost to the AI industry, with Saudi Arabia aiming to become a global powerhouse in AI, cloud, and enterprise computing. Meanwhile, TensorWave has raised $100 million in funding to deploy AMD-powered GPU clusters tailored for AI model training, and Super Micro Computer has been dubbed a 'near pure AI play' due to its strong position in the AI-optimized infrastructure market. The AI buildout is expected to drive significant growth and innovation in the tech industry, with companies such as Nvidia and AMD leading the charge.

Key Takeaways

  • Nvidia's stock has surged following the announcement of a US-Saudi Arabia AI investment plan worth tens of billions of dollars.
  • Saudi Arabia has pledged to invest $600 billion in the US, with $142 billion for defense sales and $80 billion for 'cutting-edge transformative technologies'.
  • Nvidia will partner with HUMAIN to supply its most advanced AI chips over the next five years.
  • Other US chipmakers, including AMD and Qualcomm, have announced AI investment plans in Saudi Arabia.
  • Saudi Arabia aims to become a global powerhouse in AI, cloud, and enterprise computing.
  • TensorWave has raised $100 million in funding to deploy AMD-powered GPU clusters for AI model training.
  • Super Micro Computer has been dubbed a 'near pure AI play' due to its strong position in the AI-optimized infrastructure market.
  • The AI buildout is expected to drive significant growth and innovation in the tech industry.
  • Companies such as Nvidia and AMD are leading the charge in AI development and deployment.
  • The AI industry is expected to see exponential growth, with significant investment opportunities available.

Nvidia Stock Surges on US Saudi AI Deal

Nvidia's shares rose 5.6% after the US and Saudi Arabia announced a tens-of-billions-of-dollars artificial intelligence investment plan. The deal includes a $600 billion investment pledge by Saudi Arabia into the US, with nearly $142 billion for defense sales and $80 billion for 'cutting-edge transformative technologies'. Nvidia will partner with HUMAIN, a Saudi Arabian AI venture, to supply its most advanced AI chips over the next five years. The company will also work with the Saudi Data & AI Authority to deploy up to 5,000 Blackwell GPUs for a sovereign AI factory and smart city solutions.

Nvidia Extends Gains on Saudi AI Investments

Nvidia's stock jumped 3.7% after the company announced deals with Saudi Arabia to supply AI chips. The deals are worth billions of dollars and will help Saudi Arabia build AI factories and develop AI infrastructure. Nvidia will supply several hundred thousand of its AI chips to Saudi Arabia's AI venture Humain over the next five years. The company's market cap surpassed $3 trillion for the first time since February. Other US chipmakers, including AMD and Qualcomm, also announced AI investment plans in Saudi Arabia.

Saudi Arabia Emerges as Big Buyer of AI Chips

Saudi Arabia has emerged as a major new customer for AI chips, with Nvidia and AMD announcing deals to supply the country with billions of dollars' worth of AI chips. The deals will help Saudi Arabia build AI factories and develop AI infrastructure. Nvidia's stock rose 5.6% after the announcement, while AMD's stock climbed 4%. The deals are seen as a boost to the AI industry, with Saudi Arabia aiming to become a global powerhouse in AI, cloud, and enterprise computing.

Nvidia Climbs on Saudi AI Investments

Nvidia's stock rose after the company announced partnerships with Saudi Arabian organizations to collaborate on AI initiatives. The partnerships include a deal with HUMAIN, a subsidiary of Saudi Arabia's Public Investment Fund, to construct AI factories across Saudi Arabia powered by Nvidia's most advanced GPUs. Nvidia will also work with the Saudi Data & AI Authority to deploy up to 5,000 Blackwell GPUs for a sovereign AI factory and smart city solutions. The deals are worth between $15 billion and $20 billion over a multi-year period.

TensorWave Raises $100M for AI Training Cluster

TensorWave, a graphics processing unit cloud platform, has raised $100 million in an early-stage funding round led by Magnetar and AMD Ventures. The funding will be used to deploy 8,192 AMD Instinct MI325X GPUs for a dedicated AI training cluster. TensorWave aims to democratize access to cutting-edge AI compute and provide an alternative to Nvidia's market dominance. The company plans to expand its workforce and develop more AMD-specific tooling to improve the developer experience.

TensorWave Raises $100M in Latest Funding

TensorWave, an AI infrastructure firm, has secured $100 million in its latest funding round. The funding was led by Magnetar and AMD Ventures, with participation from existing partners and new investor Prosperity7. The company plans to use the funding to scale operations, expand its team, and accelerate the deployment of AMD-powered GPU clusters tailored for AI model training. TensorWave aims to capitalize on the rapidly expanding AI infrastructure market.

Super Micro Computer Dubbed Near Pure AI Play

Super Micro Computer has been dubbed a 'near pure AI play' by analyst Daniel Ives, due to its strong position in the AI-optimized infrastructure market. The company's AI platforms comprise nearly 70% of its revenue, and it is expanding its share of the branded AI server market. Super Micro Computer has emerged as a market leader in AI-optimized infrastructure, with a strong possibility of cornering entire markets and becoming the undisputed leader in its field.

Stock Market Today: Nvidia and Palantir in Focus

The major indexes extended gains in the stock market today, with Nvidia and Palantir in focus. The US and China announced a temporary reduction in tariffs, creating a bull market environment for tech. Nvidia's stock broke out to new highs, while Palantir's stock cleared a key level. The rally in US stock futures paused as investors focused on a key inflation report and lingering economic concerns.

9 AI Stocks Poised to Gain from Trump's Middle East AI Push

Artificial intelligence is the greatest investment opportunity of our lifetime, with the potential for exponential growth. The time to invest in groundbreaking AI is now, with several AI stocks poised to gain from Trump's Middle East AI push. These stocks include Nvidia, AMD, and other companies that are leading the charge in AI development and deployment. Investors can expect significant returns from these stocks, with some potentially delivering 10,000% gains over the next decade.

Underdog AI Stock Has Multiple Growth Cylinders

An underdog AI stock has been identified as having multiple growth cylinders, making it a potential investment opportunity. The stock has a strong possibility of cornering entire markets and becoming the undisputed leader in its field. With the AI revolution upon us, savvy investors stand to make a fortune. The stock's current price screams opportunity, and investors can expect significant returns from this underdog AI stock.

Best AI Stock Trading Bots and Software for 2025

The best AI stock trading bots and software for 2025 have been identified, with platforms such as Cryptohopper, WunderTrading, and Trade Ideas leading the charge. These platforms combine automation with machine learning or algorithmic adaptability to help users execute trades more efficiently. They offer features such as artificial intelligence or machine learning capabilities, automation and execution, strategy customization, and supported markets and brokers.

Morgan Stanley Says China's Best AI Enabler is Worth $200

Morgan Stanley has said that China's best AI enabler, Alibaba, is worth $200 per share. The company's analyst, Gary Yu, reiterated his overweight rating on the e-commerce giant and has a $180 price target on the name. Alibaba is a major AI enabler poised to benefit from surging AI inference demand, with its cloud revenue growth expected to rise from 13% in the third quarter to 18% in the fourth quarter.

Investing in the AI Buildout

Nancy Tengler, Laffer Tengler Investments CIO and CEO, says the buildout of artificial intelligence is still in its early days and sees a lot of potential in the software space. Tengler speaks with Ed Ludlow on 'Bloomberg Technology' about the opportunities and challenges of investing in AI. The AI buildout is expected to drive significant growth and innovation in the tech industry, with companies such as Nvidia and AMD leading the charge.

Coreweave Says AI's Cloud Demand is Strong and Accelerating

Coreweave Inc. has said that AI's cloud demand is strong and accelerating, with the company's quarterly profit forecast missing estimates. The company is bringing forward some spending to meet customer needs, with its shares dropping as much as 11% in post-market trading. Coreweave's second-quarter operating income, excluding some items, will be $140 million to $170 million, falling short of the $192 million analysts were estimating.

Sources

Nvidia Artificial Intelligence AI Chips Saudi Arabia Investment