US tech CEOs tout Saudi AI deals as Trump eyes region's oil wealth

Commerce Department scraps export curbs, clearing way for Nvidia, AMD partnerships

20250514N Trump Mideast

U.S. President Donald Trump poses for a photo with Saudi Crown Prince Mohammed bin Salman and tech CEOs at the Saudi-U.S. Investment Forum in Riyadh on May 13. © AP

KOSUKE SHIMIZU

PALO ALTO, California -- The delegation of U.S. tech CEOs that joined President Donald Trump in Saudi Arabia this week underscores a turnaround in Washington's stance on supplying artificial intelligence technology to the Middle East, as the administration sets its sights on the region's oil wealth.

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