KEY TAKEAWAYS
- The U.S. and the United Arab Emirates have struck a deal to let Abu Dhabi buy advanced American-made AI chips, U.S. President Donald Trump said on Friday.
- Trump called the contract “very big.”
- Reuters earlier this week reported that the U.S. had a preliminary deal with the UAE allowing the nation to import 500,000 of Nvidia’s most advanced AI chips per year, starting in 2025.
The U.S. and the United Arab Emirates have struck a deal to allow Abu Dhabi to buy advanced American-made chips, U.S. President Donald Trump said Friday.
It’s “a very big contract,” Trump said on the last day of his four-day trip to the Middle East.
Reuters earlier this week reported that the U.S. had a preliminary deal with UAE allowing the nation to import 500,000 of Nvidia’s (NVDA) most advanced AI chips per year, starting in 2025. Nvidia declined to comment on the report.
The announcement of the UAE deal comes just days after Nvidia and Advanced Micro Devices (AMD) agreed to supply semiconductors to Saudi AI startup Humain. Trump announced a slew of other agreements during his trip, including a plan for Saudi Arabia to buy $142 billion worth of military equipment and services from U.S. defense contractors and a large order of Boeing (BA) aircraft by Qatar Airways.
The White House didn’t respond to a request for comment.
:max_bytes(150000):strip_icc()/GettyImages-2214613518-d638a491991b4b709f362257af0e40a9.jpg?w=1200&resize=1200,0&ssl=1&description=US+Agrees+to+Sell+UAE+Advanced+AI+Chips+Made+in+America%2C+Trump+Says){kind=link}