Name of opportunity: 👀
Nvidia Corporation
Deal with Saudi Arabia 🤝
Nvidia shares have risen by almost 6% over the past day, this might be because the company announced that it will be selling over 18,000 of its chips to Saudi Arabia in a new deal.
Nvidia is currently producing strong revenue and cash flow, with impressive profit margins. This indicates business strength, which is something investors might look for.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Nvidia might increase from $129.93 to $156.63 in the next 12 months. If you invested $1000, you might profit $205.52.
Nvidia announced that it will be selling 18,000 AI chips to Saudi Arabia in a new deal. This comes after President Trump’s visit to the country with top CEOs. Nvidia will sell its Blackwell chips to HUMAIN, which is a new AI value chain subsidiary of Saudi Arabia’s Public Investment Fund. Nvidia's Blackwell chips are some of the most advanced that the company makes, and they will be used in data centres.
Nvidia securing this deal, combined with the recent news that the U.S and China have cut tariffs for 90 days might have created some positive sentiment for Nvidia. This might be the reason why the share price has surged, as investors may feel more confident.
AI chips 💻
Nvidia is an American multinational corporation that makes and sells advanced AI chips. The company forms part of the ‘magnificent seven’ tech stocks.
Which neme?: 🔍
‘U.S & China Cut Tariffs!’ ‘Copy a $11.5Trn Asset Manager’, ‘High Growth Stocks’, ‘Top Stocks in AI’, ‘Invest like the Wealthiest’, ‘Big Tech’, ‘Gaming’, ‘Top Stocks onX/Twitter’, ‘Microchips’, ‘Largest U.S. Stocks’, ‘Quantum Leap Investing’
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