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    May 16, 2025

    Wittbecker on Aluminum: Middle East trades and $4B smelter for Oklahoma

    Written by Greg Wittbecker

    President Trump’s trip to the Middle East has had a heavy emphasis on commercial dealmaking with some politics thrown in for good measure. So far, the major deals that have been announced have been impressive.

    Saudi Arabia: a $142 billion arms sale; Nvidia will bring 18,000 of its Blackwell GPU to the Kingdom to enable them to develop regional leadership in AI; Amazon plans to build a $5 billion AI Zone; Supermicro struck a $20 billion deal with DataVolt.

    Greg Wittbecker

    Read more from Greg Wittbecker

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    AMU: Edward Meir’s week in review and thoughts for the week of Oct. 12, 2026

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