During the Saudi-U.S. Investment Forum in Riyadh, Nvidia CEO Jensen Huang announced that the company plans to sell over 18,000 units of its Blackwell GB300 AI chips to Saudi Arabia’s Humain, the government-backed AI firm owned by the Public Investment Fund (PIF).
The chips are intended to power a 500-megawatt AI data center currently under development in the Kingdom, marking one of the most ambitious AI infrastructure projects in the region.
The announcement was made alongside U.S. President Donald Trump’s official visit to Saudi Arabia, part of a Gulf tour that includes Qatar and the UAE, with participation from top officials and executives.
The Blackwell GB300 is Nvidia’s most advanced AI chip to date, officially unveiled earlier this year.
Jensen Huang said at the forum:
“I’m very pleased to be here to celebrate the grand opening and the launch of Humain. It is truly an amazing vision for Saudi Arabia to build AI infrastructure in your country, so you can participate and help shape the future of this transformative technology.”
He added:
“Saudi Arabia is rich in energy, and you are transforming that energy into AI supercomputers powered by Nvidia—essentially factories of intelligence.”
Humain’s vision includes developing foundational AI models, building hyperscale data centers, and deploying hundreds of thousands of Nvidia GPUs over time.
Following the announcement, Nvidia’s stock surged over 5% during Tuesday’s trading on Wall Street.
This news comes shortly after the U.S. Department of Commerce announced its intention to replace the previous Biden-era chip export policy with a “much simpler rule”, potentially easing export paths for companies like Nvidia.