US Plans to Grant Saudi Arabia More Access to AI Chips
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 13 May 2025
⏱️ 26 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Nvidia’s plans to sell advanced semiconductors to Humain for a massive data center project in Saudi Arabia. Plus, City Index Senior Analyst Fiona Cincotta explains why markets aren’t out of the woods yet. All this as US President Donald Trump and Saudi Crown Prince Mohammed bin Salman meet in Riyadh to announce new investments.
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| 0:00.0 | You're listening to an IHeart podcast. |
| 0:05.0 | How did the internet go from this? |
| 0:07.8 | You could actually find what you were looking for right away, |
| 0:10.7 | bind to this. |
| 0:12.4 | I feel like him in hell. |
| 0:14.1 | Spoiler alert, it was not an accident. |
| 0:17.8 | I'm Corey Doctoro, host of Who Broke the Internet from CBC's Understood. In this four-part |
| 0:24.2 | series, I'm going to tell you why the Internet sucks now, whose fault it is, and my plan to fix it. |
| 0:31.0 | Find Who Broke the Internet on whatever terrible app you get your podcasts. Bloomberg Audio Studios |
| 0:39.5 | Podcasts Radio News. |
| 0:43.5 | From the heart of where |
| 0:45.4 | innovation, money, and power collide |
| 0:48.4 | in Silicon Valley and beyond. |
| 0:51.2 | This is Bloomberg Technology |
| 0:53.5 | with Caroline Hyde and Ed Ludlow. |
| 0:56.2 | Live from New York and San Francisco, this is Bloomberg Technology coming up all eyes on Saudi Arabia today as tech CEOs meet with President Trump and Saudi Arabia's crown prints. |
| 1:20.6 | Plus the Trump administration preparing to announce a deal that would grant Saudi Arabia more access to advanced semiconductors. |
| 1:28.7 | And Apple, planning to improve iPhone battery life with AI. |
| 1:33.5 | Details later this hour, but first we check in on these markets. |
| 1:36.2 | I bring you year to date. |
| 1:38.5 | We reenter a bull market on the NASDAQ 100, and now we push higher on the NASDAQ 100 to |
| 1:43.8 | 710% for year to date. |
... |
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