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US approves some Nvidia UAE sales, Bloomberg News reports
The bilateral AI agreement enables UAE to import 500,000 advanced Nvidia chips annually from 2025 to support AI data center development, strengthening U.S.-Gulf ties.
- The United States has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates.
- The deal would boost the UAE's construction of data centres vital to developing AI models.
- The U.S. has a preliminary agreement with the Emirates to allow it to import 500,000 of Nvidia's most advanced AI chips per year, starting in 2025.
25 Articles
25 Articles
G42 leans on security in US chip talks
The ScoopAbu Dhabi AI conglomerate G42 says it has the protocols in place to safely house — and own — the world’s most advanced semiconductors despite reportedly being left out of the Trump administration’s deal to export Nvidia chips to a limited set of companies in the UAE, a spokesperson told Semafor.G42 is relying on “gold-standard” security measures to prevent semiconductors from being diverted to China, the person said, as further export l…
Nvidia Stock Could Get Another Boost After U.S. Approves UAE AI Chip Deal @themotleyfool #stocks $NVDA
Key PointsNvidia sales could be $15 billion a year in the UAE.The chips are reportedly earmarked for U.S. companies that are operating in the UAE.The deal, if successful, could serve as a model for future agreements.10 stocks we like better than Nvidia › It's only been a few weeks since China froze Nvidia (NASDAQ: NVDA) from selling its high-powered chips in the Chinese market. China has been an important market for Nvidia, accounting for 13% of…
US approves Nvidia AI chip exports to UAE
The United States has approved several billion dollars' worth of Nvidia chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday. The Commerce Department's Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said, citing people familiar with the matter. The deal would boost the UAE's construction of data cen…
The United States has approved the export of Nvidia chips worth several billion dollars to the United Arab Emirates, Bloomberg reported. The decision is intended to strengthen the two countries' strategic partnership in artificial intelligence.
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