Trump announces $600 billion investment cooperation agreement between the U.S. and Saudi Arabia

ChainCatcher news reports that, according to official sources, U.S. President Trump announced in Saudi Arabia that the U.S. and Saudi Arabia have reached an investment cooperation agreement totaling $600 billion, covering multiple fields including energy, defense, and technology. The agreement includes:

• Saudi DataVolt will invest $20 billion in the U.S. to build AI data centers and energy infrastructure
• Companies like Google and Oracle have committed to invest $80 billion in both countries to develop cutting-edge technologies
• U.S. companies such as Boeing and GE have received a total of $19 billion in export orders for aviation and energy equipment
• Both sides signed the largest arms sale agreement in history, amounting to $142 billion

In 2024, the bilateral trade volume between the U.S. and Saudi Arabia reached $25.9 billion, with Saudi direct investment in the U.S. at $9.5 billion. The agreement also includes a memorandum of energy cooperation, aerospace cooperation projects, and other strategic cooperation content.