UAE, NVIDIA and AI chips
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“AI chips should not be bargaining chips for broader trade deals,” says Janet Egan, a senior fellow at the Center for a New American Security (CNAS). “They underpin US AI dominance, and we have to be really careful to not make short term decisions that might be beneficial for trade in the near term, but cede AI leadership in the longer term.”
The U.S. is considering pulling back on Nvidia chip sales restrictions to the United Arab Emirates, according to reports. Nvidia shares are also getting a boost from strong quarterly reports from ...
The chips produced by Nvidia are integral to ... The possibility of easing restrictions on Nvidia sales to the UAE also reflects a broader trend in U.S. policy regarding technology exports.
Previously, the US had restrictions on delivering advanced technology to the region as part of broader controls on the spread of US AI-related tech.
As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.
Donald Trump’s administration is expected to rescind Joe Biden’s curbs on AI chip sales ... United Arab Emirates have reportedly balked at the curbs on their ability to acquire AI chips ...
Nvidia (NVDA) stock rises after the US Commerce Department said it will not enforce global artificial intelligence (AI) chip curbs, though China chip restrictions remain in effect. AppLovin (APP) stock surges on news that the company will sell its gaming unit to Tripledot Studios for $400 million and 20% of its stock.