Okay, so picture this (if you can): Middle East—seems like it’s got this new vibe, all tangled up with AI and NVIDIA. I mean, Trump just gave a thumbs up to these huge deals over there, and it’s kind of chaotic, right?
Saudi Arabia, Qatar, UAE—all jazzed up about NVIDIA’s AI chips. We’re talking millions, funded by—you guessed it—oil money.
NVIDIA’s in a bit of a bind in China, seems like. The US doesn’t seem too keen about them hanging out there, which makes the Middle East dance even more interesting. Trump pops over to Saudi Arabia dragging Jensen Huang, NVIDIA’s big cheese, along for the ride. Huang’s strutting around introducing this new AI group called HUMAIN—state-backed, no less. They’re splurging on big deals with NVIDIA and AMD. 18,000 or so of NVIDIA’s chips, mega centers, all that jazz. Oh, and let’s not forget the $10 billion deal with AMD. Yikes.
There’s this weird image, like, somewhere—NVIDIA chips carted off to Saudi Arabia. Completely nuts when you think about it.
Then over to the UAE, NVIDIA’s getting cozy with them too. Some company named G42—they wanna grab a million AI chips over ten years. Wild, right?
But, oh boy, there’s the flip side. Bloomberg whispers this cautionary tale—US officials wary of Trump’s whirlwind romance with AI deals; national security’s the worry. They’re scared selling chips there might nudge the US out of its AI seat, plus the lurking shadow of China trying to sneak in. Bit of a hot mess if you ask me.
And there’s that. Messy, huh?