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Nvidia, AMD secure AI deals as Trump tours Gulf nations
Financial Express Pune
|May 15, 2025
A number of US technology firms on Tuesday announced artificial intelligence (AI) deals in West Asia as US President Donald Trump secured $600 billion in commitments from Saudi Arabia to US companies during a tour of Gulf nations.
Among the biggest deals, Nvidia said it will sell hundreds of thousands of AI chips in Saudi Arabia, with a first tranche of 18,000 of its newest "Blackwell" chips going to Humain, an AI startup just launched by Saudi Arabia's sovereign wealth fund. Chip designer Advanced Micro Devices (AMD) also announced a deal with Humain, saying it has formed a $10 billion collaboration.
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