Man, you ever just notice how, like, the world feels like one of those wild reality shows sometimes? So, get this: Middle East, a hotspot now for NVIDIA and all those tech wizards in the AI game. And somehow, yes, Trump’s involved—signing these huge deals with countries out there. Crazy, right?
Okay, here we go: Saudi Arabia, Qatar, UAE—they’re looking to throw buckets of that sweet oil money at NVIDIA chips—zillions of ’em, eventually. It’s like everyone wants a piece of that future pie made of circuits and algorithms.
Picture this: NVIDIA, trying to keep things cool in China, but the US is giving them the side-eye—doesn’t want them playing in that sandbox. China’s a cash cow for NVIDIA, but now with Trump cruising through places like Saudi Arabia and Qatar, Middle East is like, “Hey, we want in on this AI thing!” Sounds big, right? Gonna shake things up for big tech names like NVIDIA, AMD, and SMCI.
So Trump’s hanging out in Saudi, and who’s hanging by his side? Jensen Huang, the NVIDIA CEO. And this dude unveils HUMAIN. And nah, that’s not a bad pun, it’s actually the name of this state-backed AI company. What do they do? Announce splashy deals with NVIDIA and AMD. Think more than 18,000 blisteringly fast NVIDIA AI clusters and a mega-sized data center. It’s huge—a whole city running on AI power, maybe.
And then, like a weird plot twist, they threw in a $10 billion deal with AMD. That’s a lot of zeros.
The UAE wasn’t snoozing through this. Nope, they’ve got this AI giant, G42, and they’re scooping up over a million NVIDIA chips over the next ten years. Trump’s whole vibe here was, “Let’s not put all our chips in the China basket,” so he’s nudging these Middle Eastern nations instead. It’s a whole new stage for companies like NVIDIA—capitalizing on that “oil money”—a bit of a gold rush, but more techy, you know?
But hang on—some folks over at Bloomberg are waving those red flags, caution signs and all. They’re worried Trump’s rushing the deals, might even slip up on national security. Selling all those chips might mean the US ends up lagging behind in the AI race. And China? Yeah, maybe they’d swoop in somehow, even with those strict US rules. Complicated stuff.
Weird how the world spins, huh?