Nvidia Earnings & Saudi Arabia's AI Bet

Benzinga

Saudi Arabia is making one of the biggest AI infrastructure bets in the world — and Nvidia is right at the center of the build-out.  The U.S. is preparing to approve the first shipments of advanced Nvidia and AMD chips to Humain, Saudi Arabia’s state-backed AI initiative, according to Bloomberg. This move aligns with the broader U.S.–Saudi AI pact being finalized between Crown Prince Mohammed bin Salman and President Trump.  Saudi Arabia plans to deploy up to 400,000 AI chips by 2030, backed by a staggering $50 billion in investment. The kingdom has already purchased 18,000 Nvidia Blackwell chips for a next-generation supercomputer.  Wedbush analyst Dan Ives says Saudi Arabia could become a trillion-dollar AI market, boosting Nvidia, Palantir, Microsoft, Amazon, Google, Tesla, and data center infrastructure companies.

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00:00Saudi Arabia is quietly building one of the most aggressive AI empires on the planet,

00:05and NVIDIA is sitting right at the center of it. The U.S. is preparing to approve the first

00:09shipments of advanced NVIDIA and AMD chips to humane Saudi Arabia's state-backed AI initiative.

00:15This comes right as Crown Prince Mohammed bin Salman and President Trump finalize a massive

00:20U.S.-Saudi AI cooperation pact. Analysts say this could streamline export approvals for thousands of

00:25high-performance chips, the same chips that have required Washington sign-off since 2023 due to

00:31tight restrictions. Saudi Arabia isn't dabbling either. They're planning to deploy up to 400,000

00:37AI chips by 2030, backed by nearly $50 billion in investment. They've already bought 18,000 NVIDIA

00:45BlackBell chips for a next-gen supercomputer, a huge signal they want U.S. tech at the core of their

00:50Vision 2030 transformation. Wedbush's Dan Ives says Saudi Arabia could become the next trillion-dollar

00:57AI market, benefiting companies like NVIDIA, Palantir, Microsoft, Amazon, Google, Tesla,

01:03and anyone building data center infrastructure. And remember, NVIDIA reports earnings today at 5pm

01:09Eastern. You can watch the live earnings call on Benzinga's YouTube channel. So with Saudi Arabia

01:14going all-in on AI power and NVIDIA supplying the picks and shovels, the only real question is,

01:20are we witnessing the birth of AI's next global superpower?

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