Nvidia Announces New Partnership to Build AI Factories in Saudi Arabia
In what could be a major development for the industry’s progression, Nvidia (NVDA) has announced a ‘strategic partnership’ to build AI factories in Saudi Arabia. Indeed, the AI chipmaker announced the landmark agreement with Humain, a subsidiary of Saudi Arabia’s Public Investment Fund. The move comes after Riyadh just inked a $600 billion strategic partnership with the United States on Tuesday. US President Donald Trump made the first major visit of his second term to the country as the new memorandum was unveiled. Subsequently, Saudi Arabia has been at the center of a second groundbreaking announcement, this time set to impact the tech sector. JUST IN: Nvidia $NVDA announces 'strategic partnership' with 'Humain' to build AI factories in Saudi Arabia. — Watcher.Guru (@WatcherGuru) May 13, 2025 Also Read: Nvidia (NVDA): Can It Reclaim Its Spot as World’s Most Valuable in 2025? Nvidia & Saudi Arabia’s ‘Humain’ Unveil New Strategic Partnership In...