Nvidia(US:NVDA) Qian Zhan Wang·2025-05-15 04:08Group 1 - Nvidia's CEO Jensen Huang announced a chip supply agreement with Saudi Arabia's newly established AI company Humain, involving the export of 18,000 top-tier AI chips GB300 [2] - The initial phase of the project will support a data center with a capacity of 500 megawatts, with plans to expand to 1.9 gigawatts by 2030 [2] - Humain aims to develop leading AI infrastructure in the Middle East and create multimodal large language models for Arabic users, addressing the current dominance of English in AI content [2] Group 2 - Following the announcement, Nvidia's stock price surged, increasing by over 5% at one point, and has risen nearly 50% since its low in April [2] - Saudi Arabia's strategic moves in the AI sector have been evident, with major global tech companies like Amazon, Google, Oracle, and Alibaba already establishing data centers in the region [2] Group 3 - The development costs for AI chips are significantly high, with estimates indicating that the development cost for a 65nm chip is $28.5 million, while a 5nm chip can cost as much as $542.2 million [6] - The global AI chip market is expected to reach a size of $72.6 billion by 2025, driven by the maturation of AI technology and the acceleration of commercial applications [7]