• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Saudi Arabia and NVIDIA to Build AI Factories to Power Next Wave of Intelligence for the Age of Reasoning

    5/13/25 2:15:37 PM ET
    $NVDA
    Semiconductors
    Technology
    Get the next $NVDA alert in real time by email

    RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) -- NVIDIA and the Kingdom of Saudi Arabia (KSA) today announced partnerships to transform the country into a global powerhouse in AI, cloud and enterprise computing, digital twins and robotics.

    During a state visit today with U.S. President Donald Trump and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, NVIDIA founder and CEO Jensen Huang said that the effort will harness sovereign AI infrastructure and expertise to propel Saudi Arabia to the ranks of global hyperscale AI leaders.

    "AI, like electricity and internet, is essential infrastructure for every nation," Huang said. "Together with HUMAIN, we are building AI infrastructure for the people and companies of Saudi Arabia to realize the bold vision of the Kingdom."

    "Our partnership with NVIDIA is a bold step forward in realizing the Kingdom's ambitions to lead in AI and advanced digital infrastructure," said Tareq Amin, CEO of HUMAIN. "Together, we are building the capacity, capability and a new globally enabled community to shape a future powered by intelligent technology and empowered people."

    Powerful Partnerships

    NVIDIA and leading Saudi organizations will work together on several key initiatives:

    • HUMAIN, a subsidiary of Saudi Arabia's Public Investment Fund focused on AI, is making a major investment to build AI factories in KSA with a projected capacity of up to 500 megawatts powered by several hundred thousand of NVIDIA's most advanced GPUs over the next five years. The first phase of deployment will be an 18,000 NVIDIA GB300 Grace Blackwell AI supercomputer with NVIDIA InfiniBand networking.
    • HUMAIN will deploy the country's first NVIDIA Omniverse Cloud to simulate and test physical AI solutions with digital twins.
    • NVIDIA will strengthen the nation's computing ecosystem and train thousands of developers with the skills to solve complex challenges with accelerated computing and AI.
    • NVIDIA and the Saudi Data & AI Authority (SDAIA) will deploy up to 5,000 Blackwell GPUs for a sovereign AI factory and enable smart city solutions. NVIDIA and SDAIA will train government and university scientists and engineers on how to develop and deploy models for physical and agentic AI.
    • Aramco Digital will develop AI computing infrastructure, collaborate with NVIDIA's startup ecosystem, establish AI enterprise platforms, and create an engineering and robotics center of excellence including NVIDIA platforms.

    "This partnership with NVIDIA reflects SDAIA's commitment to harnessing and advancing the potential of data and AI through continuous innovation," said H.E. Dr. Abdullah bin Sharaf Alghamdi, president of the SDAIA. "It marks a significant step toward positioning the Kingdom as a leader among data- and AI-driven economies, and in building a knowledge-based society and an advanced digital economy aligned with the objectives of Saudi Vision 2030."

    These initiatives will help industries such as energy, manufacturing and logistics to develop and deploy innovative solutions using the power of AI and digital twins to fuel growth and prosperity throughout the region, while boosting efficiency, safety and sustainability.

    This effort will contribute to building a robust AI ecosystem and aligns with Saudi Arabia's Vision 2030 goals of economic diversification and digital leadership.

    About NVIDIA

    NVIDIA (NASDAQ:NVDA) is the world leader in accelerated computing.

    For further information, contact:

    Corporate Communications

    NVIDIA Corporation

    [email protected]

    Certain statements in this press release including, but not limited to, statements as to: the benefits and impact of NVIDIA's products, services, and technologies; NVIDIA's collaborations with third parties and the impact and benefits thereof; third parties adopting NVIDIA's products and technologies and the impact and benefits thereof; and together with HUMAIN, NVIDIA building the AI infrastructure for the people and companies of Saudi Arabia to realize the bold vision of the Kingdom are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries.



    Primary Logo

    Get the next $NVDA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NVDA

    DatePrice TargetRatingAnalyst
    4/30/2025$100.00Sell
    Seaport Research Partners
    4/16/2025$200.00 → $160.00Buy
    BofA Securities
    4/16/2025$170.00 → $150.00Strong Buy
    Raymond James
    4/3/2025$120.00Buy → Hold
    HSBC Securities
    2/27/2025Buy → Hold
    Summit Insights
    11/21/2024$145.00 → $160.00Overweight
    Barclays
    11/21/2024$155.00 → $170.00Overweight
    Analyst
    11/21/2024$150.00 → $165.00Buy
    Goldman
    More analyst ratings

    $NVDA
    SEC Filings

    See more
    • SEC Form DEFA14A filed by NVIDIA Corporation

      DEFA14A - NVIDIA CORP (0001045810) (Filer)

      5/13/25 4:32:07 PM ET
      $NVDA
      Semiconductors
      Technology
    • SEC Form DEF 14A filed by NVIDIA Corporation

      DEF 14A - NVIDIA CORP (0001045810) (Filer)

      5/13/25 4:31:03 PM ET
      $NVDA
      Semiconductors
      Technology
    • SEC Form PRE 14A filed by NVIDIA Corporation

      PRE 14A - NVIDIA CORP (0001045810) (Filer)

      5/1/25 4:30:31 PM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Saudi Arabia and NVIDIA to Build AI Factories to Power Next Wave of Intelligence for the Age of Reasoning

      RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) -- NVIDIA and the Kingdom of Saudi Arabia (KSA) today announced partnerships to transform the country into a global powerhouse in AI, cloud and enterprise computing, digital twins and robotics. During a state visit today with U.S. President Donald Trump and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, NVIDIA founder and CEO Jensen Huang said that the effort will harness sovereign AI infrastructure and expertise to propel Saudi Arabia to the ranks of global hyperscale AI leaders. "AI, like electricity and internet, is essential infrastructure for every nation," Huan

      5/13/25 2:15:37 PM ET
      $NVDA
      Semiconductors
      Technology
    • HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

      RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) -- HUMAIN, the new full AI value chain subsidiary of Saudi Arabia's Public Investment Fund, today announced a landmark strategic partnership with NVIDIA, the world leader in AI computing infrastructure, to drive the next wave of artificial intelligence development. The two organizations will leverage NVIDIA platforms and expertise to establish Saudi Arabia as a global leader in AI, GPU cloud computing and digital transformation to drive innovation and growth worldwide. The partnership underscores HUMAIN's mission to position Saudi Arabia as an international AI powerhouse — combining cutting-edge infrastructure, frontier AI models, immer

      5/13/25 10:15:00 AM ET
      $NVDA
      Semiconductors
      Technology
    • NVIDIA Sets Conference Call for First-Quarter Financial Results

      Written CFO Commentary to Be Provided Ahead of Call SANTA CLARA, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, May 28, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2026, which ended April 27, 2025. The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company's prepared remarks will be followed by a Q&A session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its first-quarter results from Colette Kress, the company's executive vice president and chief financial offic

      4/30/25 5:00:00 PM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Financials

    Live finance-specific insights

    See more
    • NVIDIA Sets Conference Call for First-Quarter Financial Results

      Written CFO Commentary to Be Provided Ahead of Call SANTA CLARA, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, May 28, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2026, which ended April 27, 2025. The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company's prepared remarks will be followed by a Q&A session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its first-quarter results from Colette Kress, the company's executive vice president and chief financial offic

      4/30/25 5:00:00 PM ET
      $NVDA
      Semiconductors
      Technology
    • NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025

      Record quarterly revenue of $39.3 billion, up 12% from Q3 and up 78% from a year agoRecord quarterly Data Center revenue of $35.6 billion, up 16% from Q3 and up 93% from a year agoRecord full-year revenue of $130.5 billion, up 114% SANTA CLARA, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ:NVDA) today reported revenue for the fourth quarter ended January 26, 2025, of $39.3 billion, up 12% from the previous quarter and up 78% from a year ago. For the quarter, GAAP earnings per diluted share was $0.89, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was $0.89, up 10% from the previous quarter and up 71% from a year ago. For fisca

      2/26/25 4:20:07 PM ET
      $NVDA
      Semiconductors
      Technology
    • NVIDIA Sets Conference Call for Fourth-Quarter Financial Results

      SANTA CLARA, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, February 26, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the fourth quarter and fiscal year 2025, which ended January 26, 2025. The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company's prepared remarks will be followed by a Q&A session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its fourth-quarter results from its chief financial officer, Colette Kress. This material will be posted to investor.nvidia.com immediately after the compa

      1/29/25 5:00:00 PM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Leadership Updates

    Live Leadership Updates

    See more
    • Olympian Motors and NVIDIA Pioneer the First AI-Powered EV Platforms

      BROOKLYN, N.Y., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Olympian Motors has announced an expanded collaboration with NVIDIA to advance the development of the Olympus Platform—a groundbreaking, open, modular and AI-powered electric vehicle (EV) platform. This strategic partnership leverages NVIDIA's advanced computing solutions, including the DRIVE AGX Orin™ platform, and the NVIDIA Inception Program, to create a new protocol to design, develop and deploy AI models and application to electric vehicles. The Olympus EV Platform introduces a novel modular approach to EV hardware and software architecture. The platform provides an easy and standardized access to vehicle data infrastructure, real-tim

      12/23/24 7:56:31 PM ET
      $NVDA
      Semiconductors
      Technology
    • NVIDIA and Sherwin-Williams Set to Join Dow Jones Industrial Average; Vistra to Join Dow Jones Utility Average

      NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com

      11/1/24 7:01:00 PM ET
      $AES
      $DOW
      $INTC
      $NVDA
      Electric Utilities: Central
      Utilities
      Major Chemicals
      Industrials
    • NVIDIA Accelerates Humanoid Robotics Development

      Developers Gain Access to New NVIDIA NIM Microservices for Robotics Simulation in Isaac Lab and Isaac Sim, OSMO Robot Cloud Compute Orchestration Service, Teleoperated Data Capture Workflow and More DENVER, July 29, 2024 (GLOBE NEWSWIRE) -- SIGGRAPH—To accelerate humanoid development on a global scale, NVIDIA today announced it is providing the world's leading robot manufacturers, AI model developers and software makers with a suite of services, models and computing platforms to develop, train and build the next generation of humanoid robotics. Among the offerings are new NVIDIA NIM™ microservices and frameworks for robot simulation and learning, the NVIDIA OSMO orchestration service for

      7/29/24 4:30:00 PM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Principal Accounting Officer Robertson Donald F Jr sold $525,585 worth of shares (4,500 units at $116.80), decreasing direct ownership by 0.93% to 479,428 units (SEC Form 4)

      4 - NVIDIA CORP (0001045810) (Issuer)

      3/25/25 5:21:46 PM ET
      $NVDA
      Semiconductors
      Technology
    • Principal Accounting Officer Robertson Donald F Jr covered exercise/tax liability with 5,689 shares, decreasing direct ownership by 1% to 483,928 units (SEC Form 4)

      4 - NVIDIA CORP (0001045810) (Issuer)

      3/21/25 8:47:44 PM ET
      $NVDA
      Semiconductors
      Technology
    • Director Shah Aarti S. sold $2,368,377 worth of Common (20,000 units at $118.42), decreasing direct ownership by 27% to 53,208 units (SEC Form 4)

      4 - NVIDIA CORP (0001045810) (Issuer)

      3/21/25 8:44:59 PM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Seaport Research Partners initiated coverage on NVIDIA with a new price target

      Seaport Research Partners initiated coverage of NVIDIA with a rating of Sell and set a new price target of $100.00

      4/30/25 10:40:07 AM ET
      $NVDA
      Semiconductors
      Technology
    • Raymond James reiterated coverage on NVIDIA with a new price target

      Raymond James reiterated coverage of NVIDIA with a rating of Strong Buy and set a new price target of $150.00 from $170.00 previously

      4/16/25 9:34:37 AM ET
      $NVDA
      Semiconductors
      Technology
    • BofA Securities reiterated coverage on NVIDIA with a new price target

      BofA Securities reiterated coverage of NVIDIA with a rating of Buy and set a new price target of $160.00 from $200.00 previously

      4/16/25 9:34:37 AM ET
      $NVDA
      Semiconductors
      Technology

    $NVDA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by NVIDIA Corporation

      SC 13G/A - NVIDIA CORP (0001045810) (Subject)

      11/12/24 10:32:12 AM ET
      $NVDA
      Semiconductors
      Technology
    • SEC Form SC 13G/A filed by NVIDIA Corporation (Amendment)

      SC 13G/A - NVIDIA CORP (0001045810) (Subject)

      2/13/24 5:09:50 PM ET
      $NVDA
      Semiconductors
      Technology
    • SEC Form SC 13G/A filed by NVIDIA Corporation (Amendment)

      SC 13G/A - NVIDIA CORP (0001045810) (Subject)

      2/9/24 9:28:31 AM ET
      $NVDA
      Semiconductors
      Technology