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The Latest Breaking News from Humain

AMD's Lisa Su Sees Path To 'Tens Of Billions' In AI Revenue, With MI400, Helios, Sovereign Demand Driving Long-Term Growth

Chipmaker Advanced Micro Devices Inc. (NASDAQ:AMD) is doubling down on its AI ambitions, with CEO Lisa Su highlighting multiple tailwinds supporting the company's long-term vision and seeing a clear path to scaling the segment to “tens of billions of dollars in annual revenue.”

Benzinga

Nvidia Rival Groq Reportedly Eyes $6 Billion Valuation, Cisco And Samsung-Backed Company Looks To Double Valuation Amid Surging AI Chip Demand

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly hit $4 trillion market cap. Meanwhile, its rival Silicon Valley startup Groq is reportedly aiming to raise fresh capital at a $6 billion valuation to fulfill a major Saudi contract.

Benzinga

Saudi Arabia Commits £470bn to US AI, Defence and Energy in Historic Investment Drive

Saudi Arabia has pledged £470 billion ($600 billion) to the U.S., focusing on AI, defence and energy. The move strengthens bilateral ties and supports the Kingdom's Vision 2030 strategy.

International Business Times UK

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Why Mizuho Thinks AMD Stock Can Knock Out $135 in 2025

AMD stock has already soared in recent weeks, but a senior Mizuho analyst says AMD shares could extend gains further on the back of the company’s AI infrastructure deal with Humain.

Barchart

AI chips are the new 'coin of the realm' as they grease the wheels of geopolitical negotiations, BofA says

Analysts cited the "Important role played by AI chips as part of geopolitical negotiations around trade/tariffs (GPU as the new 'coin of the realm')."

Fortune

Bank of America Just Touted a $50 Billion Opportunity for Nvidia Stock

Nvidia stock has delivered market-beating returns to shareholders in the past decade. Here's why BoA remains bullish on the tech stock right now.

Barchart

Saudi Arabia has big AI ambitions. They could come at the cost of human rights

This week, on his tour of the Middle East, United States President Donald Trump unveiled a suite of new deals with Saudi Arabia.

The Conversation

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NVIDIA and HUMAIN to Power 'AI Factories of the Future' in Saudi Arabia with Strategic Tech Alliance

NVIDIA, a global leader in AI computing infrastructure, and HUMAIN, the newly formed AI arm of Saudi Arabia's Public Investment Fund, have announced a significant strategic partnership.

International Business Times UK

Qualcomm confirms it is re-entering the data center CPU market, starting with Saudi Arabia's AI cloud project

Qualcomm and HUMAIN have signed a deal that will see Qualcomm's AI and CPU tech used in Saudi Arabia's AI cloud project.

Tom’s Hardware

Two welcome signs for investors: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO

After a tumultuous April, U.S. stocks slowly started to turn around and the fintech company eToro had an excellent first day of trading.

Fortune

Stock Market Today: Nasdaq Outperforms as Big Tech Rallies

The Dow Jones Industrial Average closed lower for a second day as Amgen and Merck fell.

Kiplinger

Trump Is Giving Nvidia a Middle East Boost. How Should You Play NVDA Stock Here?

Nvidia stock gains on a multi-year AI infrastructure deal with Saudi Arabia’s Humain. Citi reiterates its bullish view on NVDA shares.

Barchart

Nvidia’s huge deal with AI startup Humain puts Saudi Arabia at ‘the front of the line’ of global chip customers, Dan Ives says

As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.

Fortune

AMD’s AI-Powered Stock Price Rally Just Shifted Gears

Advanced Micro Devices' long-awaited AI stock price rally is underway following a new deal announcement and an increase to the buyback.

MarketBeat

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Fortune

Jensen Huang's net worth leaps $12 billion after Trump touts Saudi chip deal

Nvidia’s stock surged after a major Saudi AI chip deal and boosted Jensen Huang’s net worth to around $114 billion.

Barchart

S&P Futures Muted as Rally Loses Steam, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are trending down -0.04% this morning as market participants look for new catalysts following the recent rally driven by a soft U.S. inflation reading and the U.S.-China trade truce that pushed the benchmark index into positive territory for the year.

Euronews

Nvidia stock soars on US-Saudi AI deal backed by Trump, bin Salman

Nvidia’s shares soared amid billions of dollars in artificial intelligence investment deals made between US President Donald Trump and Saudi Arabia’s Crown Prince Mohammed bin Salman, as the Trump administration deepens ties with the wealthy Middle Eastern nation.

TechRadar

Nvidia CEO wants Saudi Arabia to become a global AI leader as kingdom signs billion dollar deals to buy hundreds of thousands of GB300 super chips by 2030

Nvidia to supply Saudi Arabia with hundreds of thousands of GB300 superchips.

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Fortune

S&P 500 erases 2025 losses as Nvidia jumps almost 6% on chip deal with Saudi Arabia

The S&P 500 rose around 1% Tuesday, erasing losses for the year.

Fortune

Saudi Arabia wants to build its post-oil future with massive AI data centers — Trump and U.S. tech have big incentives to oblige

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.

The Independent UK

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

MarketBeat

NVIDIA Stock Surges on Bullish News: How High Could It Climb?

NVIDIA's stock price rebound was supercharged by news it would supply AI infrastructure to Saudi Arabia, a deal worth billions in revenue.

Tom’s Hardware

Nvidia to send 18,000 AI GPUs to Saudi Arabia's state-backed AI data centers in wake of cancelled export rules

Nvidia is set to send 18,000 AI GPUs to Saudi Arabia to help boost the state's Humain AI operation.

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