Back 14 May 2025

Trump’s Mideast visit opens floodgate of AI deals led by Nvidia ​  

Summary: During President Trump’s visit to the Middle East, the US is facilitating AI deals with Saudi Arabia and the UAE, allowing them access to advanced AI chips from Nvidia and AMD. This includes a $10 billion project between Humain and AMD, and plans for a data center in New York by Global AI. The Trump administration is also considering a deal to allow the UAE to import over a million Nvidia chips, raising concerns about potential Chinese access.

Link: https://www.straitstimes.com/business/companies-markets/trumps-mideast-visit-opens-floodgate-of-ai-deals-led-by-nvidia