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Investor's Business Daily on MSNWho Needs China? Saudi Arabia Steps Up As Big Buyer Of AI Chips.AI stocks, led by Nvidia, rose for the second straight day following news of major business deals in Saudi Arabia.
The partnership was announced as part of a White House tour to Saudi Arabia, Qatar, and the United Arab Emirates.
As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst ...
The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and ...
Nvidia stock gained 5.6 per cent on news that it would supply 18,000 AI chips to Saudi Arabia. The share jump also pushed CEO ...
Humain, an AI-focused subsidiary of Saudi Arabia’s Public Investment Fund (PIF), is partnering with Nvidia to build up to ...
Nvidia will supply 18,000 advanced Blackwell AI chips to Saudi Arabia’s Humain for a major 500-megawatt data center project.
Saudi Arabia is set to emerge as a global leader in AI technology through a strategic partnership with NVIDIA, focused on ...
Amazon, Google, and Nvidia are among those who struck deals during Trump's visit to the Middle East, his first major overseas ...
Chip stocks rallied on Wednesday after a wave of artificial intelligence (AI)–related announcements tied to Saudi Arabia. Patrick Moorhead, founder, CEO, and chief analyst at Moor Insights & Strategy, ...
Saudi Arabia's HUMAIN AI initiative partners with NVIDIA and Groq for "AI factories of the future," using a dual chip ...
A tech rally helped push the Nasdaq higher, with shares of AMD and Nvidia rising more than 4%. Alphabet (GOOGL, GOOG) ticked ...
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