US EditionSaudi AI sector big winner in US visit as Nvidia, AMD to ship chips
- Saudi Arabia secured deals in May 2025 with Nvidia and AMD to supply advanced AI chips for its AI infrastructure development.
- These agreements followed U.S. Export policy changes under President Trump, lifting restrictions on advanced chip exports to Saudi Arabia but maintaining limits for China.
- The shipments will support Humain, a Saudi Public Investment Fund subsidiary, building data centers and AI factories as part of Saudi Vision 2030’s technology focus.
- Wedbush analyst Daniel Ives said the Saudi AI market could add $1 trillion globally, while AMD and Nvidia price targets rose with projected multibillion-dollar Saudi investments.
- These developments suggest Saudi Arabia aims to become a key AI and data hub, influencing U.S.-China tech dynamics and prompting intensified Middle East AI investments.
13 Articles
13 Articles
What’s at Stake as the US Gives Saudis Access to State-of-the-Art AI Chips
President Donald Trump’s administration has changed the direction of US AI policy toward two oil-rich states in the Middle East. It’s paved the way for Saudi Arabia and the United Arab Emirates to buy chips from Nvidia Corp. and Advanced Micro Devices Inc. that are considered state-of-the-art when it comes to creating and running artificial intelligence software and services. Previously, the US had restrictions on delivering advanced technology t
Nvidia, Amazon, Tesla, Palantir Among Top Beneficiaries Of $1 Trillion Saudi Arabia AI Push, Analyst Says - Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN)
AI Revolution taking off in Saudi Arabia, creating major opportunities for US tech stocks. Trump's visit & trade deal with China add to bullish outlook.
Saudi Arabia snaps up US chips following Trump’s visit
The NewsThe question over the fate of US-made chips in the Gulf has been resoundingly answered in Riyadh — where Saudi Arabia inked billions of dollars worth of semiconductor orders — and as President Donald Trump now makes his way to Doha and Abu Dhabi to cut more deals.Nvidia will sell its most advanced AI chips to Saudi Arabia’s HUMAIN, and agreed to train thousands of developers as the kingdom looks to build up local talent. The market leade…
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