Strengthening a strategic partnership between the United States and Saudi Arabia, President Donald Trump, secured $600 billion in commercial deals and agreements with the gulf nation during his official trip to Riyadh.
The notable deal among the many, is the $142 billion arms package that America will sell to Saudi, according to a factsheet released by the White House. The statement says: “Saudi Arabia will get state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms.” The White House hailed the arms deal as “the largest defence sales agreement in history.”
Among the technology deals announced, chipmaker Nvidia is set to supply 18,000 of its top-tier GB300 Blackwell AI chips. This will be delivered to Saudi’s recently christened AI hub Humain, which will in turn power up a massive 500MW data center. The announcement sent Nvidia’s stock soaring, closing trade 5.6% higher at $129.93. Google, DataVolt, Oracle, Salesforce, AMD, and Uber are some of the other tech companies that have committed to invest $80 billion in cutting-edge transformative technologies towards both the countries.
Saudi Arabia is one of the United States’ largest trading partners in the Middle East. In 2024, U.S.-Saudi Arabia goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion, imports at $12.7 billion, and a trade surplus in goods of $443 million. Trump was all praise for the Crown Prince Mohammad Bin Salman and the transformation major cities in the Middle East have witnessed.
“A new generation of leaders is transcending the ancient conflicts of tired divisions of the past and forging a future where the Middle East is defined by commerce, not chaos,” he said.The Saudi agreement marks one of several US-Gulf business deals that were on the agenda during Trump’s tour of the region. Trump attended the Gulf summit in Riyadh on Wednesday; he’ll visit Qatar later that day and concludes his tour in the UAE on Thursday.