Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.
Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.
  • Tech titans around the globe are scrambling to buy Nvidia chips.
  • Saudi Arabia and the UAE are the latest big buyers of Nvidia tech that's vital to the AI arms race. 
  • The move adds to concerns of a chip shortage, with demand for GPUs outpacing supply.

Saudi Arabia and the United Arab Emirates are the latest players looking to snap up Nvidia chips to power their artificial intelligence ambitions, joining Elon Musk and China in an ever-growing queue of buyers for the tech.