MemryX, a leading U.S.-based semiconductor innovator specializing in AI acceleration, announced a significant expansion of its presence in the Kingdom of Saudi Arabia. Building on its strategic partnership with NEOM and recent membership in the National Semiconductor Hub, MemryX is accelerating investments in the Kingdom through hiring, training, partnerships, and local innovation initiatives.
As part of this growth, MemryX will officially open its Riyadh office in October 2025, underscoring its long-term commitment to Saudi Arabia's Vision 2030 and its ambition to be a global leader in AI and advanced technologies.
The Riyadh office will be led by seasoned industry veterans, including the company's General Manager and Vice President of Business Development & Strategic Partnerships. Both leaders will be based in Riyadh. In addition to leadership, MemryX is building a development engineering team and customer engineering team in-country, ensuring that government, enterprise, and academic partners benefit from direct, world-class local support.
"Saudi Arabia is rapidly becoming a global hub for artificial intelligence, advanced semiconductors, and digital transformation," said Keith Kressin, CEO of MemryX. "Our investments in the Kingdom reflect not only our belief in its vision, but also our commitment to empower local talent and deliver AI solutions that make communities safer, more secure, and more efficient."