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President Donald Trump announced that the United States is working to approve the sale of advanced AI chips to Saudi Arabia, signaling a potential deepening of tech and strategic cooperation between Washington and Riyadh. The move—still pending final clearance—comes at a time when global competition over artificial intelligence, semiconductor supply chains, and defense-technology partnerships is intensifying.

#Trump #SaudiArabia #AIChips #TechNews #USPolitics #Semiconductors #BreakingNews #GlobalNews #USSaudiRelations #ArtificialIntelligence #TechExports #Geopolitics #MiddleEastNews #WashingtonDC

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00:00That is incredible, in terms of human rights and everything else.
00:05Well, thank you very much, everybody.
00:07We have an extremely respected man in the Oval Office today,
00:13and a friend of mine for a long time, a very good friend of mine.
00:16And I'm very proud of the job he's done.
00:19What he's done is incredible, in terms of human rights and everything else.
00:24We're going to have a deal.
00:26They're going to purchase F-35s.
00:28They're buying them.
00:29And I want to thank you, because you've agreed to invest $600 billion into the United States.
00:34And because he's my friend, he might make it a trillion, but I'm going to have to work on him.
00:40But it's 600.
00:41We can count on $600 billion, but that number could go up a little bit higher.
00:47Yes, sir. I don't know. We'll see.
00:49But we appreciate it very much.
00:51So Saudi is going to be investing at least $600 billion.
00:55And that means investments in plants, in companies, money on Wall Street.
01:01And what it really means for everybody that really counts as jobs, a lot of jobs.
01:07We have a lot of jobs.
01:08So I just want to thank you.
01:10We've been really good friends for a long period of time.
01:12We've always been on the same side of every issue.
01:14Your Royal Highness, just picking up on something you've just mentioned.
01:20I'd like to say a few words, but thank you very much.
01:23Well, thank you, Mr. President.
01:25This relation is national security for us, too.
01:28Because it creates jobs, it creates a lot of things.
01:31I believe, Mr. President, today and tomorrow we're going to announce that we are going to increase
01:35that $600 billion to almost $1 trillion of investment, real investment and real opportunity
01:41by details in many areas.
01:43And the agreement that we are signing today in many areas, in technology, in AI,
01:48in materials, magnet, et cetera, that will create a lot of investment opportunities.
01:54So you are doing that now?
01:56You're saying to me now that the $600 billion will be $1 trillion?
02:00Definitely, because what we are signing, it will facilitate that.
02:02And we will build on it.
02:05I like that very much.
02:06Yes.
02:07Go ahead.
02:08You work hard to.
02:09No, that's great.
02:10I appreciate that.
02:11That's great.
02:12No, we're doing numbers that nobody's ever done.
02:14And in all fairness, if you didn't see potential in the U.S., you wouldn't be doing that.
02:18Definitely.
02:19You don't want to lose money.
02:20As you said, Mr. President, it's the most hottest country in the planet.
02:23The relationship is where...
02:25Yeah, yeah, a little bit of economic politics and the leadership is it.
02:29I want to just tell you what an honor it is to be your friend.
02:34And I very much appreciate the investment of that $1 trillion, okay?
02:38I'm glad you got that out.
02:40I didn't want to be the one to tell him, but that's great news.
02:43You keep increasing, Mr. President.
02:44...all of these things happening, but it has an impact on housing to a certain extent.
02:49He's a fool.
02:50Mr. President, have you approved the export licenses
02:53for advanced chips to Saudi Arabia, the export licenses?
02:58We are working on that.
02:59We're negotiating that right now.
03:01Marco, do you want to talk about that?
03:02Or Scott?
03:04Well, I mean, that's part of what we may have announcements on that later today.
03:08But that's what we've been working on,
03:10is the mechanics by which something like that could be achieved.
03:13And it's part of the broader process,
03:15part of this broader engagement and cooperation between our two countries.
03:17Certain levels of chips.
03:18But the question is legitimate, sir.
03:22One of the worst in the business, but I'll answer your question.
03:24I have nothing to do with it.
03:25We are not creating fake opportunities to, you know,
03:29please America or please Trump.
03:31It's real opportunities.
03:32For example, when you ask about the AI and the chips,
03:35Saudi Arabia has a huge demand of, a huge need of computing power.
03:39And we're going to spend, in the short term,
03:41around $50 billion by consuming those semiconductors
03:46for our needs in Saudi Arabia.
03:48And with the agreement that we're going to have with the United States of America
03:51that will allow us to focus that consuming power in the short term
03:55by $50 billion from the United States of America
03:58and long term with hundreds of billions of dollars in the long term.
04:01So there's a lot of real opportunities that fit to our need inside Arabia
04:05and fit to our investment strategy.
04:07And he sent shrugs into the United States.
04:10I don't know if he's not.
04:11He treated us badly.
04:13He was dealing with a bad thing.
04:18He was dealing with a good thing behind it is behind us.
04:23She gave us a bit into depression.
04:23She left from one place otherwise.
04:25And it was a great thing behind us.
04:25But I didn't believe her in this world would be wtedy.
04:27And it's hard to use her to forgive land with only Bitcoin and many people to חvel sounds.
04:30She cute to ask her in the short term,
04:31it's hard to lose to sacrifice or to refuse your money.
04:32It's hard to name, but it's hard to urge you.
04:33But to tell him to融ate her pocket value on his angike
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