Nvidia Leads Tech Rally as AI Stocks Boom
On May 13, 2025, Nvidia’s stock surged by 5.6% to close at $129.93, propelling its market capitalization past $3 trillion. This milestone was fueled by a significant deal to supply hundreds of thousands of AI chips to Saudi Arabia’s Humain, an AI startup backed by the kingdom’s sovereign wealth fund. Investopedia+6Reuters+6Barron’s+6 The broader tech sector…