Nvidia and AMD's AI Chip Deal Set to Unlock $Billions for US Tech Companies in Saudi Arabia and UAE

Published on 5.19.25

  The rapid advancement of artificial intelligence (AI) is transforming industries worldwide, with significant implications for global trade. The move by Nvidia Corp. and Advanced Micro Devices Inc. to grant wider access to advanced AI chips to Saudi Arabia and the UAE is expected to unlock billions of dollars in investment opportunities for US tech companies in the region. Microsoft CEO Satya Nadella believes that AI will remake every company, including his own, at the World Economic Forum. Naver, South Korea's leading tech giant, is also investing heavily in its AI capabilities with the open-source HyperClova models, aiming to rival ChatGPT. Market research firm Morgan Stanley predicts that the US market for humanoid labor could reach $3 trillion, driven by advancements in AI and increasing demand for intelligent automation. Persona, a company co-founded by Nic Radford, Jerry Pratt, and Jide Akinyode, has secured funding for its humanoid robot business to tackle challenging industrial labor problems. Naver's chairman Lee is set to promote the company's sovereign AI leadership at an investment networking event in North America, accompanied by CEO Choi Soo-yeon and President of Investments Kim Nam-sun. This marks a significant step in Naver's expansion into the global AI market. The growing importance of AI is evident in the significant investments being made by companies worldwide. As the technology continues to advance, it will be interesting to see how these developments shape global trade in the years to come.

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