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Nvidia, AMD, AWS, and others struck $100 billion in AI deals this week, aiming to profit from cheaper power and faster access ...
President Donald Trump’s flurry of artificial intelligence deals during his tour of the Middle East is opening a rift within ...
We recently published a list of 10 Trending AI Stocks on Wall Street Right Now. In this article, we are going to take a look ...
As part of the avalanche of business deals coming from President Trump’s Middle East tour, both AMD and Nvidia have struck multi-billion dollar deals with an emerging Saudi AI firm.
Nvidia and AMD shares soared following significant AI partnerships in the Middle East and AMD's stock buyback initiative.
The companies were concerned about the impact of ongoing geopolitical tensions on AI investments. However, the concerns have ebbed since Saudi Arabia and U.S. chip companies signed new deals. AMD ...
Under agreements with the US expected to be unveiled in coming days, Saudi Arabia and the UAE are poised to win wider access ...
The UAE and Saudi Arabia are investing billions in US AI infrastructure. The deals could help the US in the AI race against ...
The Trump team has worked out agreements for parties in Saudi Arabia to acquire ... the implementation of Gulf AI agreements — and pumping the brakes on projects that have yet to be unveiled ...
AMD will also contribute chips to the project, with Humain investing ... “It is an incredible vision, indeed, that Saudi Arabia should build the AI infrastructure of your nation so that you ...
a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), also announced a $10bn deal with US chipmaker AMD to develop 500 megawatts of open, scalable, resilient and cost-efficient AI ...