Nvidia, Amazon, Tesla, Palantir Among Top Beneficiaries Of $1 Trillion Saudi Arabia AI Push, Analyst Says

Posted under: AI technologies
Date: 2025-05-15
Saudi's $1T AI Initiative Boosts US Tech Giants | Justo Global

Wedbush analyst Daniel Ives reveals Saudi Arabia's $1 trillion AI initiative will significantly boost U.S. tech companies, with Nvidia securing a strategic partnership to deliver 18,000 next-generation Blackwell chips. The deal marks the beginning of a massive Middle East data center buildout, positioning tech giants like Nvidia, Amazon, Tesla, and Palantir to capitalize on emerging AI opportunities in the region.

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