NVIDIA sending 18,000 of its top AI chips
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U.S. chip maker Nvidia will partner with Saudi Arabia’s sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project.The partnership was revealed Tuesday as part of a White House trip to Saudi Arabia,
President Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
Donald Trump lauded Nvidia CEO Jensen Huang at a US-Saudi Investment Forum, acknowledging Nvidia's significant $500 billion investment in US AI infras
Nvidia's stock targets $150 as Saudi Arabia partners with Nvidia, AMD, and Amazon to build a global AI hub. Analysts see this as a key growth catalyst for NVDA.
Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.
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tom's Hardware on MSNNvidia to send 18,000 AI GPUs to Saudi Arabia's state-backed AI data centers in wake of cancelled export rulesNvidia will send 18,000 AI GPUs to Saudi Arabia's new state-sponsored AI company, Humain, CEO Jensen Huang announced Tuesday. The move comes after the US canceled pending AI diffusion export rules that would have complicated these types of transactions.
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.