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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