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Futures
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NEW
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VIP Wealth Hub
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Private Wealth Management
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Quant Fund
Top asset management team helps you profit without hassle
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The United States has approved the export of chips to Saudi Arabia and UAE artificial intelligence companies.
PANews, November 20 news, the U.S. Department of Commerce announced that it has authorized the export of advanced U.S. semiconductors to two artificial intelligence companies in Saudi Arabia and the UAE. Both companies have been approved to purchase 35,000 NVIDIA Blackwell (GB300s) chips. The two companies are the state-owned artificial intelligence company G42 located in Abu Dhabi and the Saudi government-backed AI enterprise Humain. The Department of Commerce stated that the relevant approvals come with strict security and reporting requirements.