Nvidia’s (NASDAQ:NVDA) rise as a global artificial intelligence powerhouse continues—and this time, with support from the Middle East. On Wednesday, Nvidia shares gained more ground after the chipmaker unveiled a high-profile AI infrastructure agreement with Humain, a startup backed by Saudi Arabia’s sovereign wealth fund.

This multi-year collaboration is the latest in a string of Nvidia AI deals aimed at scaling global AI dominance. Over five years, Humain and Nvidia will jointly develop AI factories powered by hundreds of thousands of Nvidia’s advanced GPUs. These facilities are expected to solidify Saudi Arabia’s position as a major AI player and provide Nvidia with sustained chip demand in an increasingly competitive sector.

Trump’s visit sparks a $600 billion AI wave

What makes this partnership even more interesting is its geopolitical backdrop. According to sources, this deal is tied to the $600 billion in investments for U.S. firms secured during Donald Trump’s recent diplomatic visit to Saudi Arabia. The broader push is focused on fostering tech alliances that benefit American companies like Nvidia while helping Middle Eastern economies transition from oil to innovation.

Investors welcomed the news, especially amid broader signals that Nvidia may also secure a lucrative export agreement with the United Arab Emirates. If the White House allows high-volume chip exports to the UAE, it would open another vast market for Nvidia’s cutting-edge hardware.

Wall Street reacts: Citi analyst sees more upside

In light of the Humain announcement, Citi analyst Atif Malik reiterated a “Buy” rating on NVDA stock. He described the move as a promising shift in international AI strategy, highlighting a growing trend in Nvidia AI deals tied to government-to-government cooperation.

Malik maintained a price target of $150 per share—suggesting an 11% upside from current levels. However, that’s relatively conservative when compared to Wall Street’s broader view.

As of today, the consensus rating on NVDA stock remains “Strong Buy”, with an average price target of $166, reflecting a potential 25% gain. Much of this optimism hinges on Nvidia’s ability to continue scaling revenue through global expansion, new partnerships, and continued AI chip demand.

Q1 earnings around the corner

The latest boost in investor sentiment comes just ahead of Nvidia’s Q1 earnings report, scheduled for later this month. Analysts expect the company to post earnings of $0.83 per share, a sizable leap from $0.58 a year earlier.

If Nvidia meets or exceeds expectations, it will likely fuel further momentum—especially with the Humain deal adding to its long-term revenue pipeline.

Should you buy NVDA stock now?

While Nvidia stock has already surged nearly 45% since early April, the recent Humain partnership and potential UAE deal suggest more upside could be ahead. The strategic nature of these Nvidia AI deals—combined with political backing and surging global demand—makes a compelling case for long-term growth.

Still, with shares trading near all-time highs, cautious investors may want to wait for pullbacks before entering. But for those with a longer time horizon and confidence in the AI megatrend, Nvidia remains one of the most promising plays on the board.

As nations race to harness the power of artificial intelligence, Nvidia’s dominance in high-performance GPUs, combined with bold international partnerships, could keep NVDA stock climbing for years to come.

Ultimately, how Nvidia executes these deals—and the strength of its upcoming earnings report—will determine whether this rally has more room to run. Either way, Nvidia AI deals are shaping the future of global tech, and NVDA is right in the driver’s seat.

With geopolitical tailwinds, rising demand, and strong fundamentals, Nvidia’s position looks unshakable. These Nvidia AI deals could define the next era of computing.

 

Featured Image: Megapixl

Please See Disclaimer