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Zenger
Zenger
Technology
Shanthi Rexaline

Nvidia Flooded With AI Chip Orders From Oil-Rich Saudi Arabia And UAE

Nvidia Saudi Arabia UAE FT Jakub Porzycki Nvidia Corp
Nvidia logo displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023. Saudi Arabia and the United Arab Emirates have increased their purchases of high-performance chips from Nvidia Corp. that power AI software and applications. JAKUB PORZYCKI/NURPHOTO/GETTY IMAGES

Nvidia Corp.’s  AI chips have reportedly found takers in the Middle East, with Saudi Arabia and UAE bulking up on these high-performance chips that power AI software and applications.

What Happened: Saudi Arabia has bought at least 3,000 of Nvidia’s H100 chips, priced at $40,000, through the public research institution King Abdullah University of Science and Technology, Financial Times reported, citing people familiar with the matter.

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