Nvidia CEO Jensen Huang announced on Tuesday that the company will sell over 18,000 of its latest artificial intelligence chips to Saudi Arabia’s Humain.
Huang made this disclosure during a White House-led visit to the region, which includes President Donald Trump and other top CEOs.
According to the statement, Nvidia’s cutting-edge Blackwell chips will power a 500-megawatt data center in Saudi Arabia.
The company revealed that the first deployment will feature its GB300 Blackwell chips, which are among Nvidia’s most advanced AI chips, having only been officially announced earlier this year.
The statement emphasizes the growing importance of Nvidia’s chips as a key leverage point for the Trump administration, with countries around the world vying for access to the devices that are essential for training and deploying advanced AI software like ChatGPT.
“I am so delighted to be here to help celebrate the grand opening, the beginning of Humain,” Huang said. “It is an incredible vision, indeed, that Saudi Arabia should build the AI infrastructure of your nation so that you could participate and help shape the future of this incredibly transformative technology.”
Nvidia shares surged by more than 5% in Tuesday’s trading.
Meanwhile, last week, the Department of Commerce revealed plans to discard former President Joe Biden’s rule in favor of a “much simpler” alternative.
Humain, owned by Saudi Arabia’s Public Investment Fund, will focus on developing AI models and building data center infrastructure, according to a press release. The company’s long-term plans include deploying “several hundred thousand” Nvidia graphics processing units.
“Saudi Arabia is rich with energy, transforming the energy through this giant versions of these Nvidia AI supercomputers, which are essentially AI factories,” Huang said.
Trump praised Huang for attending Tuesday’s event, drawing a contrast with Apple CEO Tim Cook, who was not present.
“Thank you very much, Jensen,” Trump said. “I mean, Tim Cook isn’t here, but you are.”