Saudi Arabia will invest up to $1 trillion in the United States, Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, told US President Donald Trump during their meeting at the White House on Tuesday.  

 

"I believe, Mr. President, in today and tomorrow, we can announce that we are going to increase that $600 billion to almost $1 trillion for investment, real investment, and real opportunity," he said as he appeared with Trump in front of reporters at the Oval Office.  

 

"Now, you're saying to me now that the $600 billion will be $1 trillion?" Trump said, to which Crown Prince Mohammed replied: "Definitely." 

 

The Kingdom was not “creating fake opportunities to please America or please Trump,” he added. Saudi Arabia has a high demand for computing power and desires US chips. 

 

Trump revealed that he is working to approve the sale of advanced US AI chips to Saudi Arabia. 

 

Trump warmly received Crown Prince Mohammed when he arrived at the White House for a pomp-filled arrival that included a military flyover and a thundering greeting from the US Marine band. 

 

He is on an official visit to the United States at the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz. 

 

Speaking to the press at the Oval Office, Trump revealed that the US has reached a defense deal with Saudi Arabia. 

 

On the Abraham Accords, Crown Prince Mohammed said he wants Saudi Arabia to be part of the Accords and establish ties with Israel, but must be sure of “a clear path to a two-state solution” before that. He said that he discussed the issue with Trump. 

 

Saudi Arabia wants the Palestinians and Israelis “to coexist peacefully” in the region, he stressed. 

 

The Kingdom has maintained that a clear path toward Palestinian statehood must first be established before normalizing relations with Israel can be considered. The Israelis, meanwhile, remain steadfastly opposed to the creation of a Palestinian state. 

 

Ahead of the highly anticipated visit, Trump announced on Monday that he will sell F-35 fighter jets to Saudi Arabia.  

 

“They have been a great ally,” Trump said of Saudi Arabia.  

 

The sale of the fighter jets is one of several major deals between the two countries expected to be announced during the visit.  

 

Trump had headed to the Kingdom on his first official foreign visit since his reelection.