So here we are, diving into the Middle East’s AI game—because apparently, that’s where the action’s heating up. No kidding, Trump’s making mega deals left, right, and center over there. Yeah, crazy times.
Saudi Arabia, Qatar & UAE Splash Cash on NVIDIA AI Chips – Oil Style
Look, it’s no secret NVIDIA’s kinda struggling in China, right? I mean, everyone knows. The US isn’t too thrilled about ’em hanging out there. China, though, it’s a goldmine for NVIDIA’s AI money. But then—bam! Trump does his Middle Eastern tour, and suddenly, Saudi, Qatar, they’re like, “Hey, we want in on this AI party too.” Just throwing about billions, like it’s nothing. Wild move for NVIDIA, AMD, all the big ones. Maybe it’s a masterstroke. Or just plain opportunistic. Who knows.
So, get this, Trump’s got Jensen Huang tagging along. Yeah, the NVIDIA big cheese himself. They hit Saudi Arabia, and guess what? A new AI firm pops up—HUMAIN. Fancy, right? They’re making these insane billion-dollar deals with NVIDIA and AMD, talking about snagging 18,000 NVIDIA GB300 clusters or something. Someone said 500 megawatts, I don’t really get the techy stuff, but sounds like serious power, right? $10 billion with AMD? Whew, that’s a number that sticks.
Oh, and that photo. Dims? AP News? Whatever. Something about chips going to Saudi Arabia. The picture’s there, just soaking up data vibes.
Meanwhile, UAE’s out there flexing too. G42—from what I hear, they’re a big name in AI—gonna grab a million NVIDIA chips. Over ten years, sure, but still. All this oil money, turns out, it’s really sparking the AI flame. Good news for NVIDIA, trying to shake off China a bit and cozy up elsewhere. Maybe the Americans finally want a break from China drama.
But wait, here’s the kicker. Bloomberg’s got US officials on edge. They’re like, “Slow down, Trump.” All these chip sales got them fretting over national safety. Seriously, what if China squeezes in through the backdoor? Even with those big rules, something might slip.
Anyway—oh, what was I saying? Right, exciting yet kinda nerve-wracking times. Let’s see how this plays out. Fingers crossed, I guess.
