<ul><li>Nvidia's market cap jumped above $3 trillion after announcing a chip deal with Saudi Arabia's Humain, a tech firm.</li><li>Nvidia stock surged as much as 6.4% on Monday, reaching a market cap of $3.16 trillion, the highest since February.</li><li>The partnership involves Nvidia providing advanced chips for an AI buildout in Saudi Arabia using 18,000 GB300 Grace Blackwell chips.</li><li>This surge marks Nvidia's return to the $3 trillion market capitalization club after experiencing a decline earlier in the year.</li></ul>

Nvidia jumps back above $3 trillion valuation after announcing chip deal with Saudi Arabia

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