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.

Could today be an epic day for NVIDIA investors? We're updating this live post throughout the day tracking NVIDIA on what could be a historic market day. Nasdaq Futures are up 3.9% as of 7:45 a.m. ET.

Nvidia is a staple on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that attracted the highest options volume over the past 10 days, topping the list this time around. NVDA saw 19,

Other semiconductor stocks also did well Monday after Beijing and Washington agreed to drastically reduce tariffs for 90 days while talks on a more permanent deal continue.

Nvidia topped a $3 trillion valuation for the first time since February. A fresh AI partnership with Saudi Arabia was boosting the stock on Tuesday.

Nvidia stock gained 5.6 per cent on news that it would supply 18,000 AI chips to Saudi Arabia. The share jump also pushed CEO Jensen Huang's wealth near $120 billion, as the company's market value touched $3 trillion.