The U.S. is nearing a deal to export 500,000 Nvidia AI chips

The U.S. is nearing a deal to export 500,000 Nvidia AI chips annually to the UAE through 2027, Reuters reports.

About 100,000 chips would go to UAE's G42, while the rest may be shared by U.S. firms like Microsoft and Oracle, which could build data centers in the region.

— The AI Investor (@The_AI_Investor) May 15, 2025