However, Nvidia just rejoined Apple ( AAPL -0.28%) and Microsoft ( MSFT 0.81%) in the $3 trillion club. Could it even become the first $4 trillion stock by 2026? What did Nvidia do to bounce back? Nothing on its own. To understand the stock's rebound, we need to first understand why it fell in the first place.

Nvidia stock jumped over 3% early Wednesday after the company and fellow chipmakers announced billions of dollars worth of AI deals with Saudi Arabia.

The pay package of Nvidia Corp. Chief Executive Officer Jensen Huang jumped 46% to nearly $50 million in fiscal 2025 after the company he co-founded became the top beneficiary of an artificial intelligence spending boom.

The recovery in Nvidia (NASDAQ: NVDA) stock continues again today. Today's move comes as CEO Jensen Huang attends the Saudi Arabia-U.S. investment forum along with other business leaders and President Trump.

Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.

The R1 model demonstrated performance on par with more established models such as OpenAI’s O1 and Meta’s Llama AI, while being more cost-effective and resource-efficient.

Nvidia stock is down 22% from its all-time high, as investors fear tariffs and global trade tensions could dent its data center chip sales. Nvidia will report its latest quarterly financial results on May 28,

"For a limited time, get the Premium Edition of DOOM: The Dark Ages (a $99.99 value) with the purchase of a qualifying NVIDIA GeForce RTX™ 5090, 5080, 5070 Ti, 5070 desktop system or graphics card, or laptop with a GeForce RTX™ 5090 Laptop GPU, RTX 5080 Laptop GPU, RTX 5070 Ti Laptop GPU, RTX 5070 Laptop GPU. Technology varies by GPU."

The consensus estimates earnings of $0.89 per share, reflecting a 45% increase from the previous year, while revenues are projected to rise by 65% year-over-year to

Nvidia CEO Jensen Huang's compensation surged to $49.9 million in fiscal 2025, driven by the company's record financial performance and dominance in the AI market. Other top executives also saw substantial pay increases,