Trump secures $600 billion Saudi AI investment during Riyadh visit

Crown Prince MBMohammed bin Salman pledged $600 billion investment in a Jan. 2025 phone call with Trump, formalized during the May 13, 2025 Riyadh visit.

Trump rescinded Biden's AI Diffusion Rule in May 2025, removing a cap that limited Saudi Arabia to 1,700 AI chips annually.

Nvidia CEO JHJensen Huang negotiated sale of 18,000 GB300 Blackwell AI chips to Saudi state-backed company Humain. Bank of America analysts estimated the deal at $15 billion to $20 billion over five years.

AMD CEO LSLisa Su secured a $10 billion joint venture with Humain to build 500 megawatts of AI compute infrastructure across Saudi Arabia and U.S.

Saudi firm DataVolt pledged $20 billion for AI data centers on U.S. soil through partnership with Supermicro.

CFIUS did not review the deals because Saudi Public Investment Fund investments don't trigger foreign control thresholds under current rules.

Treasury Secretary Scott Bessent chairs CFIUS. He worked for Saudi-owned Olayan Group in the 1980s. Four of nine CFIUS members have prior Saudi business ties.

Nvidia's stock surged 5.6% the day after the announcement. The deal creates technological dependency as Saudi Arabia relies on U.S. chips and Nvidia's proprietary CUDA software platform.

During Crown Prince bin Salman's November 2025 White House visit, he increased the pledge to $1 trillion in U.S. investments, though the timeline remains unclear.