NVIDIA sending 18,000 of its top AI chips
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U.S. chip maker Nvidia will partner with Saudi Arabia’s sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project.
Newly launched Saudi Arabian AI venture Humain plans to deploy 500MW of data center compute over the next five years featuring AMD hardware. Together, sovereign-backed Humain and AMD will invest $10 billion in the joint effort, which will see facilities built in both Saudi Arabia and the US.
President Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
AMD remains in a distant second place to Nvidia in terms of AI accelerator sales, but it seems to have found a big customer in Humain. In a separate announcement, it said the two parties will invest up to $10 billion to build 500 megawatts of AI compute capacity in Saudi Arabia, as part of an “AI superstructure.”
NVIDIA CEO Jensen Huang announced alongside President Trump's visit in Saudi Arabia that it will supply AI chips to Saudi AI company Humain.
Super Micro Computer shares are following up Tuesday's 16% surge with another 8% gain as news of [big AI investments by Saudi Arabia](
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.