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AI, AMD and Saudi Arabia

TechRepublic · 21h

Amazon, AMD Launch Multibillion Dollar AI Projects in Saudi Arabia

The announcements follow reports that the US administration intends to facilitate AI chip deals between American firms and Gulf nations.

Bloomberg on MSN · 2d

Saudi Arabia, AMD Plan $10 Billion Deployment of AI Gear

Humain, Saudi Arabia’s new artificial intelligence investment company, is teaming up with chipmaker Advanced Micro Devices Inc. to spend $10 billion on AI infrastructure over the next five years.

Network World · 7h

AMD, Nvidia partner with Saudi startup to build multi-billion dollar AI service centers

The deals served as the coming out party for Humain, a state-backed artificial intelligence (AI) company that operates under the Kingdom’s Public Investment Fund (PIF) and is chaired by Crown Prince Mohammed bin Salman. The company is part of Saudi Arabia’s Vision 2030 strategy to diversify the Saudi economy away from just oil sales.

AMD Stock Jumps

Fast Company on MSN · 1d

AMD price jumps on $6 billion stock buyback plan: What that means and why it matters

Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.

AI chipmaker AMD unveils $6 billion buyback plan

Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing.

Investopedia on MSN · 1d

AMD Stock Jumps as Chip Designer Announces New $6B Buyback Plan

KEY TAKEAWAYS Advanced Micro Devices shares jumped Wednesday, as the chip designer said its board approved a new $6 billion share buyback plan.The move will boost AMD's buyback program to $10 billion,

DatacenterDynamics1d

AMD and Saudi Arabia's Humain agree 500MW compute deal across the Kingdom and US

Newly launched Saudi Arabian AI venture Humain plans to deploy 500MW of data center compute over the next five years ...

11h

Nvidia, AMD, and Qualcomm Lead Wave of AI Partnerships in Middle East

U.S. tech giants including Nvidia, AMD, and Qualcomm have signed major AI deals with Saudi Arabia's new startup Humain, ...

1don MSN

Nvidia and Other AI Stocks Climb as Saudi Deals Raise Expectations of More to Come

Nvidia and other AI stocks climbed Wednesday, extending Tuesday's gains as Saudi partnerships stoked excitement for future ...

1d

Nvidia, Amazon, Tesla, Palantir Among Top Beneficiaries Of $1 Trillion Saudi Arabia AI Push, Analyst Says

AI Revolution taking off in Saudi Arabia, creating major opportunities for US tech stocks. Trump's visit & trade deal with ...

1don MSN

From Nvidia chips to Amazon's AI zone, these are the key deals struck during Trump's tour of Saudi Arabia

Amazon, Google, and Nvidia are among those who struck deals during Trump's visit to the Middle East, his first major overseas ...

1d

Stock Movers: Super Micro Computer, AMD, Aurora Innovation

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

1d

AMD Jumps On $10 Billion Saudi AI Partnership

Advanced Micro Devices (NASDAQ:AMD) just scored a huge win with a $10 billion, multi-year deal to power Saudi Arabia's new ...

DatacenterDynamics1d

Saudi Arabia’s new AI venture Humain teams up with AWS for $5bn 'AI Zone'

Humain, the newly announced AI venture from Saudi Arabia's sovereign wealth fund, is partnering with Amazon Web Services. The ...

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