Nvidia and AMD shares jump, leaving DeepSeek impact behind; here's what happened and what investors should know

Nvidia and AMD stocks surged after landing major AI chip deals with Saudi Arabia’s Humain, a subsidiary of the Public Investment Fund. The multibillion-dollar agreements aim to supply advanced processors for massive AI data centers, part of a $10 billion investment plan. AMD also announced a $6 billion stock buyback, boosting investor confidence. With growing demand shifting from China to the Middle East, and sovereign AI projects expected to generate $50 billion yearly, this marks a strong comeback after earlier losses.