According to The Kobeissi Letter, Nvidia (NVDA) announced a strategic partnership with Humain to develop 'AI factories of the future' in Saudi Arabia, shortly after Saudi Arabia signed a $600 billion economic agreement with President Trump to invest in the US. NVDA surged over 5% following the news, signaling robust investor confidence in the AI and semiconductor sectors. This development is particularly relevant for the cryptocurrency market, as increased AI infrastructure investment in the Middle East is expected to drive demand for blockchain-powered data management and decentralized AI applications. Traders are closely monitoring related crypto AI tokens and blockchain projects with exposure to Nvidia’s hardware ecosystem. (Source: The Kobeissi Letter, Twitter, May 13, 2025)

According to @KobeissiLetter, Nvidia (NVDA) announced a strategic partnership with Humain to develop 'AI factories of the future' in Saudi Arabia, sparking a surge of over 5% in NVDA stock price today. Additionally, Saudi Arabia signed a $600 billion economic agreement with President Trump to invest in the US, further boosting market sentiment. These developments signal heightened institutional interest in AI infrastructure and US tech, which could drive increased demand for AI-related cryptocurrencies and blockchain projects supporting data infrastructure. Source: @KobeissiLetter (May 13, 2025).