Nvidia, Trump and Saudi Arabia
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Trump tours the Middle East
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19hon MSN
Or that he effectively auctioned off the first destination on his first major foreign trip, heading to Saudi Arabia because the kingdom was ready to make big investments in U.S. companies.It’s not even that the Trump family has fast-growing business ties in the Middle East that run deep and offer the potential of vast profits.
A previous arms deal agreed during Trump’s first term in 2017 between Saudi Arabia and the also promised a big headline figure. At the time, the White House Press Secretary Sean Spicer said the deal included "an immediate $110 billion investment" which would "grow to $350 billion over the next 10 years".
As Trump’s visit in Qatar came to a close, it had yet to formally present an offer for the megajet the country is expected to gift Trump.
Trump met with Saudi Crown Prince Mohammed bin Salman and attended a US-Saudi investment forum along with Elon Musk and other top CEOs.
18m
Latin Times on MSNElon Musk Allegedly Called Arabic the 'Language of the Enemy' Before Inking Starlink Deal With Saudi ArabiaDespite multiple instances of Elon Musk disrespecting Arabs with his past rhetoric, the world's richest man will leave the Arab Gulf States billions of dollars richer.
Stocks were set to edge higher on Wednesday, having racked up solid gains the previous session thanks to a cooler-than-expected inflation reading and news of artificial intelligence investments from Saudi Arabia.
US President Donald Trump didn’t show up empty-handed on the first international trip of his second term. Joining him in Saudi Arabia were almost three dozen CEOs of America’s biggest companies, including Big Tech giants that signed $600 billion worth of deals.