Saudi Arabia is creating a gigantic fund to invest in AI technology, potentially becoming the largest player in the market, reported The New York Times’ Maureen Farrell and Rob Copeland. Publicly traded companies involved in AI chipmaking, systems and software include Nvidia (NVDA), Microsoft (MSFT), AMD (AMD) and Alphabet (GOOGL).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NVDA:
- Nvidia’s (NASDAQ:NVDA) New Chip Line Fails to Impress
- 5 Best Semiconductor Stocks to Buy in March 2024, According to Analysts
- Chinese Vehicle Makers to Bolster Nvidia’s (NASDAQ:NVDA) Auto Revenue
- Dell (NYSE:DELL) Partners with Nvidia to Expedite Enterprise AI Adoption
- NVIDIA Launches Cloud Quantum-Computer Simulation Microservices
