9 AI Stocks Poised to Gain from Trump’s Middle East AI Push

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. Several US technology firms have announced artificial intelligence deals with the Middle East recently, one of which is Nvidia Corporation. The company has announced that it will sell hundreds of thousands of AI chips in Saudi Arabia. Notably, 18,000 of its newest “Blackwell” chips will go to AI startup Humain, recently launched by Saudi Arabia’s sovereign wealth fund, to be used in a 500 megawatt data-center project. The agreement also comprises further expansion with “several hundred thousand” additional chips possibly planned for delivery within five years.