Nvidia Tax Scores UAE Upgrade: Why AI's Golden Goose Could Be Fleecing The Desert's Dream Projects
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The UAE's AI development faces challenges due to the "Nvidia Tax," which refers to the high costs associated with Nvidia's GPUs, essential for large-scale AI systems. With the U.S. approving 500,000 Nvidia chips for UAE projects, costs could rise by 20-50%. Despite competition from companies like AMD and Google, Nvidia's chips remain dominant, impacting project budgets. For investors, the "Nvidia Tax" presents opportunities, as companies like AMD and Broadcom may benefit from diversification in the AI sector.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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