Riyadh, May 15, 2025 — Saudi Arabia has finalized agreements exceeding $300 billion with the United States, Crown Prince Mohammed bin Salman announced during the Saudi-U.S. Investment Forum held in Riyadh. The deals span a wide range of sectors including defense, technology, energy, and infrastructure, marking one of the most significant economic engagements between the two nations in recent years.
Crown Prince Mohammed stated that Saudi Arabia is exploring over $600 billion in U.S.-linked investment opportunities, with ambitions to grow this figure to $1 trillion. He emphasized that the United States remains the Kingdom’s most important strategic partner, highlighting that around 40% of the Saudi Public Investment Fund’s foreign investments are in the U.S. economy.
The announcement comes as part of Saudi Arabia’s Vision 2030 initiative, aimed at transforming the Kingdom’s economy away from oil dependency by diversifying into advanced sectors such as artificial intelligence, defense, and clean energy.
Among the headline agreements is a $142 billion arms deal, including purchases of military equipment such as C-130J transport aircraft, THAAD missile defense systems, and surveillance drones. These deals aim to bolster the Kingdom’s defense capabilities and facilitate deeper military cooperation.
Technology also featured prominently in the investment package. Leading U.S. firms like Nvidia, AMD, Amazon Web Services, and Supermicro have signed major deals with Saudi partners to develop artificial intelligence infrastructure, cloud computing hubs, and data centers both in the Kingdom and the U.S. Nvidia, for instance, will supply tens of thousands of advanced GPUs to a new Saudi AI venture, while AMD is committing over $10 billion to joint technology projects.
The forum was attended by a delegation of top U.S. business and tech leaders, signaling strong American private-sector interest in the region. Former U.S. President Donald Trump also addressed the gathering, praising the Crown Prince’s vision and reaffirming the strategic importance of the U.S.-Saudi alliance.
These new agreements are expected to generate thousands of jobs in both countries and accelerate innovation in critical global sectors, reflecting a deepening of economic and political ties between Riyadh and Washington.
