-
18,000 Blackwell chips for the company Humain will be delivered to a single 500 MW data center; full expansion envisions “several hundred thousand” units.
-
The planned agreement gives the U.S. control over both physical and cloud access to Saudi data centers to prevent leaks to China.
-
The $600 billion investment pledge aligns with the Saudi Vision 2030 strategy—to reduce dependence on oil; Trump still targets a full cap of $1 trillion.
Nvidia gains 6% after signing a record-breaking deal to supply Blackwell chips to Saudi Arabia. This news also supports other semiconductor companies within the US100 index, which is already up 1.50%.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
President Donald Trump visited Riyadh, resulting in an investment agreement related to AI chips. As stated by the U.S. President himself, this is part of a much larger economic package unveiled during the same forum.
Officials from the U.S. and Saudi Arabia have developed a framework allowing Riyadh to purchase the most advanced processors from Nvidia and AMD, while the U.S. retains the right to oversee every Saudi data center using American chips. These facilities may also fall under “data embassy” rules, placing them outside local jurisdiction.
As part of this agreement, Nvidia will initially supply 18,000 Blackwell chips to the Saudi state AI company named Humain. This is the first stage of a 500-megawatt “AI factory.” Within five years, “several hundred thousand” additional chips are planned for delivery.
Broader economic package
Riyadh committed to investing $600 billion in the U.S., starting with:
- $20 billion in AI and energy data centers,
- $80 billion into a joint investment fund that U.S. tech giants will utilize on both sides of the Atlantic.
U.S. exporters secured:
- $14.2 billion in gas turbine orders for GE,
- $4.8 billion for Boeing 737-8 aircraft,
- $142 billion in defense contracts,
- and new cooperation agreements in energy and mining sectors.
In reaction to this news, Nvidia shares rose over 6% and returned above $3 trillion in market capitalization. This also strengthened investor conviction that demand from the Gulf region may offset this year’s revenue declines from China.
Source: xStation 5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
