US approves some Nvidia UAE sales, Bloomberg News reports

(Reuters) – The United States has approved exports of Nvidia chips worth several billion dollars to the United Arab Emirates, Bloomberg News reported on Wednesday.

The Department of Commerce’s Bureau of Industry and Security recently issued Nvidia export licenses under the terms of the bilateral agreement. artificial intelligence The report, based on sources familiar with the matter, stated that the agreement was signed in May.

The agreement will boost the construction of data centres, which are vital for the development of the UAE’s artificial intelligence models.

Nvidia declined to comment on the report.

“The Department of Commerce is fully committed to the transformative US-UAE AI partnership agreement,” a government spokesperson told Bloomberg.

The White House and the U.S. Department of Commerce did not immediately respond to Reuters requests for comment, and representatives of the UAE could not immediately be reached.

The United States has a preliminary agreement with Emirates that allows it to import 500,000 of Nvidia’s most advanced AI chips a year starting in 2025, Reuters reported in May. The agreement was valid until at least 2027, but there was a possibility it could be valid until 2030.

WE President Donald Trump He made improving relations with some Gulf countries one of the main goals of his administration.

In May, Trump announced $600 billion in commitments from Saudi Arabia during his tour of the Gulf region, including deals to buy large quantities of chips from Nvidia, Advanced Micro Devices and Qualcomm.

(Reporting by Yazhini MV in Bengaluru; Additional reporting by Mrinmay Dey; Editing by Rashmi Aich)