Saudi Arabia
CNBC Daily Open: What does Nvidia CEO see from his ‘vantage point’?
Jensen Huang, chief executive officer of Nvidia Corp., during a news conference on the sidelines of the APEC CEO Summit in Gyeongju, South Korea, on Friday, Oct. 31, 2025. SeongJoon Cho | Bloomberg | Getty Images Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided […]
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CNBC Daily Open: Nvidia CEO suggests AI doesn’t look like a bubble
Jensen Huang, CEO of Nvidia, attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided guidance for sales in the current quarter that exceeded estimates (all good still). It was […]
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Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia
Tesla CEO Elon Musk (L) talks with Nvidia CEO Jensen Huang during the U.S.-Saudi Investment Forum at the Kennedy Center on Nov. 19, 2025 in Washington, DC. Win McNamee | Getty Images Nvidia and xAI said on Wednesday that a large data center facility being built in Saudi Arabia and equipped with hundreds of thousands […]
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Watch live: Trump speaks at U.S.-Saudi Investment Forum
[The stream is slated to start at 12 p.m. ET on Wednesday. Please refresh the page if you do not see a player above at that time.] President Donald Trump is speaking on Wednesday at the U.S.-Saudi Investment Forum in Washington, D.C. Trump’s appearance at the Kennedy Center comes a day after he hosted Crown […]
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Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum
The stream was slated to start at 11:00 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above. Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. […]
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From $1 trillion spending to F-35s, U.S.-Saudi pledges aren’t done deals yet
U.S. President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on the South Lawn of the White House in Washington, D.C., U.S., November 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump trumpeted Saudi Arabia’s $1 trillion investment pledge in the States and the potential sale […]
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Watch live: Trump meets with Saudi Crown Prince Mohammed bin Salman at White House
[The stream is slated to start at 11:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House on Tuesday. “President Trump looks forward to welcoming Crown Prince Mohammed bin Salman […]
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Saudi crown prince to visit U.S. for the first time since Khashoggi scandal
U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during a welcoming ceremony in Riyadh, Saudi Arabia, May 13, 2025. Bandar Algaloud/courtesy Of Saud | Via Reuters U.S. President Donald Trump is set to meet with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday, with the leaders expected to discuss […]
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World’s largest oil company Aramco reports higher third-quarter net profit on production boost
Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi Aramco on Tuesday posted a 0.9% jump in third-quarter profit, beating expectations on the back of higher production even as oil prices remained under pressure. The world’s largest oil company reported adjusted net income of 104.92 billion Saudi riyals ($27.98 billion) […]
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From futuristic NEOM to tech and tourism, Saudi Arabia’s priorities are shifting
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM When Saudi Arabia first announced plans to reinvent its oil-based economy, huge infrastructure projects like the futuristic region NEOM and smart city The Line were championed as central to the transformation. Almost a decade on from the launch of its “Vision 2030” […]
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