By Denny Jacob
Nvidia shares rose for a third straight day Wednesday, with sentiment in the artificial-intelligence sector bosted by tech deals that followed President Trump's visit to the Middle East. BofA Securities said Nvidia and Advanced Micro Devices are the top beneficiaries of multi-year AI infrastructure projects announced Tuesday with the Saudi Arabia Public Investment Fund. Investors in the sector are also welcoming the administration's decision to scrap a Biden-era rule limiting the diffusion of AI technology. Read more:
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May 14, 2025 13:43 ET (17:43 GMT)
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