'Semiconductors Are The New Oil:' Wealth Manager Says Saudi Arabia's Need For Data Centers Is Nudging It Toward Historic US Talks - iShares Trust iShares MSCI Saudi Arabia ETF (ARCA:KSA), Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

The U.S., though not having export controls on Saudi, can interrupt Nvidia chip flow to Riyadh, he added.

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