President Trump began his four-day tour through the Middle East this week, beginning in Saudi Arabia on Tuesday. This visit has sparked several AI deals from Nvidia (NVDA) and Super Micro Computer (SMCI) with Saudi Arabia and the United Arab Emirates, in addition to the White House reporting a massive order of Boeing planes (BA) from Qatar Airways.
Middle East Institute Senior Fellow Mohammed Soliman comes on to expand upon the growing trading relationship between the US and Persian Gulf countries, namely in the areas of AI infrastructure and semiconductors, a technological pivot away from crude oil (CL=F, BZ=F) exports.
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