Iran-Oman Hormuz Shipping Deal Nears Final Stage 
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations 
OpenAI Restricts Astra AI Over Cyberattack Risks 
North Korea Slams Japan’s 2026 Defense White Paper 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
US Expects Iran-Oman Hormuz Shipping Deal Soon 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games 
Bezalel Smotrich Faces Election Battle as Israel’s Far-Right Vote Fractures 
FCC Steps Up China Tech Crackdown as Beijing Pushes Back 
US Judge Dismisses Gautam Adani Criminal Charges 
NVIDIA (NASDAQ: NVDA) shares surged 5.5% midday Tuesday following CEO Jensen Huang’s participation in U.S. President Donald Trump’s high-profile visit to the Middle East. The trip has already delivered major wins for the AI chipmaker.
In Saudi Arabia, NVIDIA unveiled a landmark agreement with HUMAIN, a newly launched AI-focused subsidiary of the Saudi Public Investment Fund (PIF). HUMAIN plans to build AI data factories powered by NVIDIA’s cutting-edge GPUs, beginning with an 18,000-unit Grace Blackwell GB300 supercomputer. Over five years, the initiative will scale to 500 megawatts of AI infrastructure, positioning Saudi Arabia as a hub for sovereign AI development.
Meanwhile, Bloomberg reported that the Trump administration is in talks to allow the United Arab Emirates (UAE) to import over one million advanced NVIDIA chips through 2027. Up to 500,000 chips could be exported annually, with about 20% going to Abu Dhabi-based AI firm G42. The rest would support U.S. companies building data centers in the region, including OpenAI, which is reportedly preparing to expand operations in the UAE.
If approved, G42 could secure computing power equivalent to 1 to 1.5 million H100 chips over the lifetime of the deal—solidifying the region’s role in global AI infrastructure.
President Trump personally praised Huang during his Saudi speech, highlighting NVIDIA’s $500 billion investment in the U.S. and calling him “a proud partner” in America’s innovation leadership.
These developments signal major geopolitical and commercial wins for NVIDIA, boosting investor confidence and reinforcing its position at the forefront of global AI expansion.
