The Gulf has billions to spend on AI. It still needs Nvidia
Jul 14, 2026
Saudi Arabia and the UAE are investing heavily in AI but face challenges diversifying their supply chains due to geopolitical constraints and Nvidia's technological dominance. As a result, the region's AI ambitions remain heavily dependent on Nvidia's chips.
Why it matters: This underscores Nvidia's persistent dominance in AI hardware, even for wealthy nations seeking alternatives.
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