[CNBC] Nvidia turns positive for 2025, third ‘Magnificent 7’ member to do so as favored group regains groove Nvidia on Wednesday climbed into positive territory for the year, becoming the latest "Magnificent 7" member stock to flip into the green amid the broader market's recovery.

Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.

Live Updates Live Coverage Updates appear automatically as they are published. NVDA Top Dow Stock This Past Week 8:30 am NVIDIA will add to its already stellar week, up 15% over the past 5 trading days with what looks to be another 3% starting Wednesday trading.

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

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

Saudi Arabia’s Crown Prince Mohammed Bin Salman launched Humain to develop and manage artificial intelligence technologies.

Super Micro Computer shares are following up Tuesday's 16% surge with another 8% gain as news of [big AI investments by Saudi Arabia](

Nvidia's stock targets $150 as Saudi Arabia partners with Nvidia, AMD, and Amazon to build a global AI hub. Analysts see this as a key growth catalyst for NVDA.