<div id="readability-page-1"><div><div>CNBC’s Jim Cramer lauded the artificial intelligence deals announced after the U.S.-Saudi Investment Forum and touted Gulf countries to be future hyperscalers.What Happened: According to an X post by Cramer, he said, “I am convinced that the Gulf countries will, when put together, become one of the largest hyperscalers in the world.”This followed a slew of major deals, including Nvidia Corp.‘s NVDA agreement to supply 18,000 GB300 Blackwell chips to Saudi-based AI startup Humain, backed by the nation’s sovereign wealth fund. Apart from Cramer, Wedbush Analyst Daniel Ives also hailed the deals on Wednesday, calling it the “AI revolution” in the Middle East. Ives said in a series of X posts that &#34;the AI Revolution is coming to the Saudi Kingdom and Riyadh will be a major buyer of AI chips, software, autonomous/robotics, datacenters over the next decade.&#34;He also placed his bullish bets on Nvidia, Tesla Inc. TSLA, Palantir Technologies Inc. PLTR, Microsoft Corp. MSFT, Alphabet Inc. GOOG GOOGL, and Amazon.com Inc. AMZN after the deals were made.&#34;Bullish for Nvidia, Tesla, Palantir, Microsoft, Alphabet, Amazon. Just starting,&#34; he added.&#34;This is all part of a regional focus in the Middle East building out datacenters and the AI Revolution which will start to vault UAE, Saudi, Qatar to the priority list for US tech companies. Adds major TAM to AI Revolution,&#34; he said.Why It Matters: Amazon‘s Amazon Web Services and Humain also disclosed a strategic $5 billion investment in establishing a pioneering &#34;AI Zone&#34; in the Kingdom.Saudi-based Humain intends to create AI solutions for its customers using AWS technologies through this partnership.Nvidia also highlighted its partnership in Riyadh to establish the Kingdom as a global leader in AI, cloud computing, enterprise solutions, digital twins, and robotics. —This also paved the way for Nvidia’s GB300 Grace Blackwell chips, which will enter the Middle East through these deals. This is after the U.S. curbed the supply of advanced Nvidia chips to China earlier this year.“It also speaks to this global game of high stakes poker being played by the Trump Admin as while China is getting blockades from Nvidia’s older H20 chip slowing down the AI buildout in Beijing, on the contrary Saudi getting the best Nvidia next generation chips red carpet rollout,” said Ives in an X post.Price Action: The SPDR S&amp;P 500 ETF Trust SPY and Invesco QQQ Trust ETF QQQ, which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Thursday. The SPY was down 0.45% to $584.92, while the QQQ declined 0.58% to $515.65, according to Benzinga Pro data.<ul> <li>Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of ‘Compound Interest’</li> </ul>Photo: Shutterstock</div></div></div>

AMZN

NVDA

Jim Cramer predicts Gulf countries will emerge as major hyperscalers following Nvidia's deal to supply 18,000 Blackwell chips to Saudi AI startup Humain. This comes after significant AI investments announced at the U.S.-Saudi Investment Forum. Analyst Daniel Ives supports this view, emphasizing the AI revolution in the Middle East and bullish on companies like Nvidia and Tesla. Additionally, Amazon and Humain are investing $5 billion in an "AI Zone" in Saudi Arabia, aiming to enhance AI solutions using AWS technologies. The SPY and QQQ ETFs saw declines in premarket trading.

- CNBC’s Jim Cramer praised recent AI deals following the U.S.-Saudi Investment Forum, predicting Gulf countries will become major hyperscalers.  
- Notable agreements include Nvidia supplying chips to Saudi AI startup Humain, supported by a $5 billion investment from Amazon in an "AI Zone."  
- Analysts view these developments as part of a broader AI revolution in the Middle East, positioning countries like Saudi Arabia and the UAE as key players in the tech landscape.

Jim Cramer Says Gulf Countries Will Become 'Largest Hyperscalers In The World' After Nvidia's 18,000 Blackwell Chip Deal