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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%Dec 19 9:30 AM EST
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From: Bill Wolf11/20/2025 6:43:48 AM
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Saudi Crown Prince Mohammed bin Salman wraps his visit to Washington with plenty of fanfare and a string of deals — though details remain limited, Semafor’s Shelby Talcott, Eleanor Mueller, and Liz Hoffman report. At a US-Saudi business summit, President Donald Trump highlighted agreements including the kingdom’s promise to increase its past $600 billion in investments to $1 trillion, while mining group MP Materials said it will partner with the US military and Saudi’s state mining company to develop a rare earths refinery in the kingdom. Riyadh walked away with several concrete wins, like an AI deal that will bring data centers back to the kingdom and a promise of advanced chip exports. The crown prince also stopped by Capitol Hill for a catered breakfast with lawmakers; Rep. Brad Schneider, D-Ill., said details of the new US-Saudi defense agreement did not come up..
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