Saudi Crown Prince Mohammed bin Salman has dramatically expanded his nation’s planned investment in the United States, announcing during a high-profile visit to Washington that the kingdom will now commit nearly $1 trillion to American industries — a staggering increase from the previously stated $600 billion.
The Crown Prince outlined a sweeping investment strategy focused on sectors central to U.S. economic growth and national security. The new funding will target artificial intelligence development, rare-earth materials essential for advanced manufacturing, large-scale industrial projects, and a range of technology partnerships. Officials noted that the plan also includes new joint ventures designed to boost domestic U.S. production capacity.
President Donald Trump praised the announcement as a major victory for American workers, calling it “one of the largest foreign investment commitments in U.S. history.” He emphasized that the agreement will support tens of thousands of jobs and strengthen economic ties between Washington and Riyadh at a critical geopolitical moment.
The move comes as Saudi Arabia continues to diversify its own economy under the Crown Prince’s Vision 2030 framework. By deepening investment in the United States, the kingdom aims to secure long-term technological and industrial partnerships while reinforcing its strategic relationship with the U.S.
Economic analysts say the scale of the expanded commitment underscores growing interdependence between the two countries, with implications for energy policy, defense cooperation, and global supply-chain stability.