NVIDIA delivers 18,000 GPUs to Saudi Arabia. New AI factories are being established, opening up sales potential for hundreds of thousands of additional GPUs!
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The USA is orchestrating a deal with Saudi Arabia that will lead to the establishment of new AI factories in the country. One beneficiary of this is our NVIDIA (NVDA), which is currently holding a paper profit of over 17,000% (!) in the US benchmark portfolio. Apparently, the chips are also being "integrated" into trade deals. Accordingly, the Saudi Arabian AI startup "Humain," supported by the Public Investment Fund, will build a large data center using NVIDIA chips. The most advanced GB300 Blackwell chips, which are ideal for training AI models...
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