US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states

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President Donald Trump secured $600 billion in commitments from Saudi Arabia to U.S.companies during a tour of Gulf states.

A number of U.S.technology firms on Tuesday announced artificial intelligence deals in the Middle East as U.S.

Saudi Arabia, which is seeking to make its economy less dependent on oil revenue, aims to position itself as a hub for AI and a leading centre for AI activity outside the United States.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSaudi ArabiaUnited States

Topics: Humain Tuesday Arabia States Infrastructure Advanced Chips Saudi Billion Trump Nvidia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 22:19:30 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 596 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28684733

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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