Here's your summary from Saudi Chip Ambitions Take Shape With New Hub (https://www.youtube.com/watch?v=ywI6wAHp10k) on the Bloomberg Television channel:

### TLDR:

Saudi Arabia aims to become a hub for semiconductor design companies by offering incentives, training programs, and financing to attract 50 fab design companies over the next 5-6 years.

### Key Points:

1. The focus of the National Semiconductor hub in Saudi Arabia is on attracting fab design companies, not manufacturing.

2. The goal is to train and relocate engineers to build a talent pool for chip design.

3. Incentives offered include free rent, salary support, loans, and equity injections to attract companies to the region.

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