Trump Agrees To Billion-Dollar Saudi Chip Deal, Frito-Lay Stocks Max Out

President Donald Trump announced today a “tremendous, just absolutely delicious” multi-billion-dollar chip deal with Saudi Arabia, not for semiconductors, but for snack chips.

Speaking from a hastily assembled podium at the Saudi palace, flanked by gold-plated Dorito bags, Trump declared, “The Saudis wanted chips. We’ve got the best chips. Frito-Lay, tremendous company. Nobody does Cool Ranch like America does Cool Ranch.”

Trump: “How can I make this profitable for Frito-Lay?” 

Confusion initially erupted on Wall Street, where early trading suggested the Saudis were investing in semiconductor factories. Nvidia surged, AMD shorted itself out of existence, and Elon Musk tweeted “I love chips” before clarifying he meant “AI ones, not the snack ones, though I do enjoy a good Flamin’ Hot.”

By the time it became clear that the “chips” were of the edible, artificially cheese-dusted variety, Frito-Lay stock had already moonwalked past its all-time high and into orbit. Analysts described the move as “Crunchflation,” a term invented by a CNBC intern live on air.

Saudi statement: “We were hungry.”

In an official statement, Saudi Crown Prince Mohammed bin Salman confirmed the deal, saying, “We were binge-watching Succession and realized our chip bowl was empty. It was a national emergency. Trump answered the call.”

The agreement includes exclusive access to experimental flavors previously deemed “too unstable” for public consumption, including “Sriracha Unicorn Dust” and “Freedom BBQ IV: Liberty Sauce.” Sources close to the deal claim the Prince personally requested “whatever the heck Taco Bell was on in 2017.”

Wall Street reacts with crumbs

The news left markets shell-shocked. Cheetos futures exploded. Tostitos coin briefly overtook Dogecoin in market cap before collapsing under the weight of its own salty optimism.

Meanwhile, a bipartisan group of U.S. lawmakers is calling for an emergency Snack Summit to regulate the snack-tech space. Senator Bernie Sanders issued a statement reading, “Once again, billionaires are hoarding flavor while working Americans settle for plain kettle-cooked.”

Trump eyes expansion

When asked if this chip diplomacy might lead to further snack-based foreign policy deals, Trump smiled, revealing what may have been a single nacho shard in his teeth. “We’re in talks with North Korea. Kim loves Pringles. It’s gonna be huge.”

For more on this story, read here: Frito-Lay Takes $5.5 Billion Hit After Trump Bans Chip Exports