It is reported that Trump will allow Middle East AI chip transactions, and NVIDIA is expected to benefit

Zhitong
2025.05.13 13:13
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The Trump administration is close to reaching an AI chip deal with a Middle Eastern company, with NVIDIA and other semiconductor companies becoming the market focus. The agreement may be finalized during Trump's visit to the Middle East this week, allowing UAE's G42 and the newly established Humain to obtain AI chips. The Saudi Public Investment Fund founded Humain, with Crown Prince Mohammed bin Salman serving as the chairman of the board. The Trump administration will also approve a $9 billion memorandum of understanding with Saudi Arabia. Despite export controls, NVIDIA continues to collaborate with G42 to advance climate technology. NVIDIA's stock price rose 1.4% in pre-market trading

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