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Donald Trump's visit to Saudi delivers $142 billion defence deal
Hindustan Times Amritsar
|May 14, 2025
Semiconductors to be sent to Saudi AI firm Humain for major data centre project under Trump-era policy easing tech export restrictions
RIYADH: US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power accorded him a gala welcome at the start of a tour of Gulf states.
Meanwhile, the US agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defence cooperation agreement" Washington has ever done.
Coinciding with Trump's visit, Nvidia Corp. and Advanced Micro Devices Inc. will supply semiconductors to Saudi Arabian artificial intelligence (AI) company Humain for a massive data centre project, acting under a Trump administration initiative that lifts restrictions on delivering advanced technology to the region.
Diese Geschichte stammt aus der May 14, 2025-Ausgabe von Hindustan Times Amritsar.
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