Profile - To The Moon

dan21

Posts · 1Posts · 1
Following · 0Following · 0
Followers · 0Followers · 0

- dan21dan21
  ·10-09
  Vjccx8v to
  US Approves Some Nvidia UAE Sales In Step of Trump AI Diplomacy, Bloomberg Reports
  The US has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates.
  US Approves Some Nvidia UAE Sales In Step of Trump AI Diplomacy, Bloomberg Reports
  269 Comment
  1
  Share
  Report

Most Discussed

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3567682486299924","uuid":"3567682486299924","gmtCreate":1604588463408,"gmtModify":1604588463408,"name":"dan21","pinyin":"dan21","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":12,"tweetSize":1,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.16","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.47%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.17%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":3,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":487547701207576,"gmtCreate":1759997313952,"gmtModify":1759998285049,"author":{"id":"3567682486299924","authorId":"3567682486299924","name":"dan21","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567682486299924","idStr":"3567682486299924"},"themes":[],"htmlText":"Vjccx8v to&nbsp;","listText":"Vjccx8v to&nbsp;","text":"Vjccx8v to","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/487547701207576","repostId":"1140358206","repostType":2,"repost":{"id":"1140358206","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1759996841,"share":"https://ttm.financial/m/news/1140358206?lang=&edition=fundamental","pubTime":"2025-10-09 16:00","market":"us","language":"en","title":"US Approves Some Nvidia UAE Sales In Step of Trump AI Diplomacy, Bloomberg Reports","url":"https://stock-news.laohu8.com/highlight/detail?id=1140358206","media":"Tiger Newspress","summary":"The US has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates.","content":"<html><head></head><body><p>The US has approved several billion dollars worth of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> chip exports to the United Arab Emirates, an initial step in implementing a controversial deal that could serve as a blueprint for American AI statecraft, Bloomberg reported.</p><p>Nvidia shares rose about 1% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9e7d1e0d2d3f1d23688d331a9a1d3ffe\" tg-width=\"876\" tg-height=\"875\"/></p><p style=\"text-align: start;\">The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral AI agreement hashed out in May, according to people familiar with the matter, who requested anonymity so they could discuss a sensitive issue.</p><p style=\"text-align: start;\">That approval came after the UAE made concrete plans for a reciprocal amount of investment on American soil, a US official said. The official declined to specify the exact value of the approved chip shipments and Emirati investment.</p><p style=\"text-align: start;\">A representative for the UAE did not respond to a request for comment, while Nvidia declined to comment. “The Commerce Department is fully committed to the transformational U.S.-UAE AI partnership deal,” a spokesperson said.</p><p style=\"text-align: start;\">The licenses mark the first permits for Nvidia AI chip sales to the Gulf nation since President Donald Trump took office. They are a tangible sign of progress on an agreement announced nearly five months ago, centered on a massive five-gigawatt data center in the Gulf nation’s capital that counts OpenAI as an anchor tenant. That accord has been the source of significant consternation in Washington, where some officials in the Trump administration and on Capitol Hill have questioned the wisdom of building such a large site outside the US, especially in a place where Beijing has developed significant business and economic ties.</p><p>Securing the permits is a top priority for the UAE, where some officials have grown frustrated with what they see as a slow pace of US approvals. AI is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas.</p><p style=\"text-align: start;\">Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects. The US, meanwhile, planned to approve up to 500,000 advanced American AI chips annually, with a fifth slated for Abu Dhabi AI juggernaut G42.</p><p style=\"text-align: start;\">The initial batch of permits does not include any chips for G42, which is partnering with OpenAI on a campus in the UAE’s capital city, according to the people. G42 did not respond to a request for comment.</p><p style=\"text-align: start;\">It’s unclear when additional licenses may be issued, the people said, adding that it will depend in part on how the UAE’s specific investment plans unfold. Under the accord, the oil-rich UAE will match in investment what it receives in chip shipments, on a dollar-for-dollar basis.</p><p style=\"text-align: start;\">The Persian Gulf has major AI appetite and the money to back it, making the region among the world’s most important markets — and financiers — for technology giants like Nvidia and OpenAI. Gulf nations including the UAE and Saudi Arabia have been subject to US restrictions on advanced AI chip shipments since 2023, over concerns that the technology could be diverted to China, which is subject to more sweeping semiconductor controls.</p><p style=\"text-align: start;\">Under President Joe Biden, US officials significantly slowed those license approvals, as they worked on a global framework that ultimately capped the volume of chip sales to many nations including the UAE. Under that policy, which Trump’s team is not enforcing and has said it will formally rescind, companies could bypass national limits in exchange for security commitments.</p><p style=\"text-align: start;\">Biden’s team issued some licenses for chip shipments to the UAE toward the end of his term, people familiar with the matter said. Also under his administration, G42 struck a partnership with Microsoft Corp., based in large part on the Emirati firm’s promise to unravel ties with China’s Huawei Technologies Co.</p><p>Trump’s team, meanwhile, wants to go bigger. The Abu Dhabi data center was one of a spate of AI announcements to emerge from Trump’s trip to the Middle East in May. Officials have said the strategy is about both winning significant investment in the US and ensuring that Chinese companies such as Huawei don’t capture overseas customers in the AI race between the world’s two largest economies.</p><p style=\"text-align: start;\">“President Trump’s policy boxes China out of the Middle East whereas the previous administration’s policy forced these countries into China’s arms,” White House AI czar David Sacks said this week.</p><p style=\"text-align: start;\">Huawei has tried to woo customers in the UAE, Bloomberg reported in July, though it had gained little traction at the time. The company was offering potential clients a few thousand of its Ascend 910B AI chips, a generation-old model, plus remote access to more advanced systems located in China.</p><p>While Sacks and others have argued that’s a reason for the US to move faster, some Trump officials saw the small size of Huawei’s pitch as evidence that the Chinese hardware giant has a limited capacity to compete.</p><p>Prior to Trump’s trip, the US plan at one point had been to approve up to around 100,000 advanced AI chips annually, people familiar with the matter said. That later became up to 500,000 chips each year — an increase for which some officials feel the US did not get enough in return, particularly with regard to China-related issues. Some officials felt that the bilateral accord from May lacked sufficiently detailed security conditions for the chip shipments, headed to regions with close ties to Beijing.</p><p>Sacks previously said the “vast majority” of advanced chips in the UAE “will be owned and operated by American cloud companies” – in line with the arrangement for G42 to get a fifth of the total shipments to the country.</p><p>But when local companies like G42 might secure those licenses, and under what conditions, remains an open question. Just a few weeks after Trump’s trip ended, Commerce Secretary Howard Lutnick told lawmakers that “we are going to allow our allies to buy AI chips, provided they’re run by an approved American data center operator, and the cloud that touches that data center is an approved American operator.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Approves Some Nvidia UAE Sales In Step of Trump AI Diplomacy, Bloomberg Reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Approves Some Nvidia UAE Sales In Step of Trump AI Diplomacy, Bloomberg Reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-10-09 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The US has approved several billion dollars worth of <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> chip exports to the United Arab Emirates, an initial step in implementing a controversial deal that could serve as a blueprint for American AI statecraft, Bloomberg reported.</p><p>Nvidia shares rose about 1% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9e7d1e0d2d3f1d23688d331a9a1d3ffe\" tg-width=\"876\" tg-height=\"875\"/></p><p style=\"text-align: start;\">The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral AI agreement hashed out in May, according to people familiar with the matter, who requested anonymity so they could discuss a sensitive issue.</p><p style=\"text-align: start;\">That approval came after the UAE made concrete plans for a reciprocal amount of investment on American soil, a US official said. The official declined to specify the exact value of the approved chip shipments and Emirati investment.</p><p style=\"text-align: start;\">A representative for the UAE did not respond to a request for comment, while Nvidia declined to comment. “The Commerce Department is fully committed to the transformational U.S.-UAE AI partnership deal,” a spokesperson said.</p><p style=\"text-align: start;\">The licenses mark the first permits for Nvidia AI chip sales to the Gulf nation since President Donald Trump took office. They are a tangible sign of progress on an agreement announced nearly five months ago, centered on a massive five-gigawatt data center in the Gulf nation’s capital that counts OpenAI as an anchor tenant. That accord has been the source of significant consternation in Washington, where some officials in the Trump administration and on Capitol Hill have questioned the wisdom of building such a large site outside the US, especially in a place where Beijing has developed significant business and economic ties.</p><p>Securing the permits is a top priority for the UAE, where some officials have grown frustrated with what they see as a slow pace of US approvals. AI is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas.</p><p style=\"text-align: start;\">Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects. The US, meanwhile, planned to approve up to 500,000 advanced American AI chips annually, with a fifth slated for Abu Dhabi AI juggernaut G42.</p><p style=\"text-align: start;\">The initial batch of permits does not include any chips for G42, which is partnering with OpenAI on a campus in the UAE’s capital city, according to the people. G42 did not respond to a request for comment.</p><p style=\"text-align: start;\">It’s unclear when additional licenses may be issued, the people said, adding that it will depend in part on how the UAE’s specific investment plans unfold. Under the accord, the oil-rich UAE will match in investment what it receives in chip shipments, on a dollar-for-dollar basis.</p><p style=\"text-align: start;\">The Persian Gulf has major AI appetite and the money to back it, making the region among the world’s most important markets — and financiers — for technology giants like Nvidia and OpenAI. Gulf nations including the UAE and Saudi Arabia have been subject to US restrictions on advanced AI chip shipments since 2023, over concerns that the technology could be diverted to China, which is subject to more sweeping semiconductor controls.</p><p style=\"text-align: start;\">Under President Joe Biden, US officials significantly slowed those license approvals, as they worked on a global framework that ultimately capped the volume of chip sales to many nations including the UAE. Under that policy, which Trump’s team is not enforcing and has said it will formally rescind, companies could bypass national limits in exchange for security commitments.</p><p style=\"text-align: start;\">Biden’s team issued some licenses for chip shipments to the UAE toward the end of his term, people familiar with the matter said. Also under his administration, G42 struck a partnership with Microsoft Corp., based in large part on the Emirati firm’s promise to unravel ties with China’s Huawei Technologies Co.</p><p>Trump’s team, meanwhile, wants to go bigger. The Abu Dhabi data center was one of a spate of AI announcements to emerge from Trump’s trip to the Middle East in May. Officials have said the strategy is about both winning significant investment in the US and ensuring that Chinese companies such as Huawei don’t capture overseas customers in the AI race between the world’s two largest economies.</p><p style=\"text-align: start;\">“President Trump’s policy boxes China out of the Middle East whereas the previous administration’s policy forced these countries into China’s arms,” White House AI czar David Sacks said this week.</p><p style=\"text-align: start;\">Huawei has tried to woo customers in the UAE, Bloomberg reported in July, though it had gained little traction at the time. The company was offering potential clients a few thousand of its Ascend 910B AI chips, a generation-old model, plus remote access to more advanced systems located in China.</p><p>While Sacks and others have argued that’s a reason for the US to move faster, some Trump officials saw the small size of Huawei’s pitch as evidence that the Chinese hardware giant has a limited capacity to compete.</p><p>Prior to Trump’s trip, the US plan at one point had been to approve up to around 100,000 advanced AI chips annually, people familiar with the matter said. That later became up to 500,000 chips each year — an increase for which some officials feel the US did not get enough in return, particularly with regard to China-related issues. Some officials felt that the bilateral accord from May lacked sufficiently detailed security conditions for the chip shipments, headed to regions with close ties to Beijing.</p><p>Sacks previously said the “vast majority” of advanced chips in the UAE “will be owned and operated by American cloud companies” – in line with the arrangement for G42 to get a fifth of the total shipments to the country.</p><p>But when local companies like G42 might secure those licenses, and under what conditions, remains an open question. Just a few weeks after Trump’s trip ended, Commerce Secretary Howard Lutnick told lawmakers that “we are going to allow our allies to buy AI chips, provided they’re run by an approved American data center operator, and the cloud that touches that data center is an approved American operator.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140358206","content_text":"The US has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates, an initial step in implementing a controversial deal that could serve as a blueprint for American AI statecraft, Bloomberg reported.Nvidia shares rose about 1% in premarket trading.The Commerce Department’s Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral AI agreement hashed out in May, according to people familiar with the matter, who requested anonymity so they could discuss a sensitive issue.That approval came after the UAE made concrete plans for a reciprocal amount of investment on American soil, a US official said. The official declined to specify the exact value of the approved chip shipments and Emirati investment.A representative for the UAE did not respond to a request for comment, while Nvidia declined to comment. “The Commerce Department is fully committed to the transformational U.S.-UAE AI partnership deal,” a spokesperson said.The licenses mark the first permits for Nvidia AI chip sales to the Gulf nation since President Donald Trump took office. They are a tangible sign of progress on an agreement announced nearly five months ago, centered on a massive five-gigawatt data center in the Gulf nation’s capital that counts OpenAI as an anchor tenant. That accord has been the source of significant consternation in Washington, where some officials in the Trump administration and on Capitol Hill have questioned the wisdom of building such a large site outside the US, especially in a place where Beijing has developed significant business and economic ties.Securing the permits is a top priority for the UAE, where some officials have grown frustrated with what they see as a slow pace of US approvals. AI is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas.Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects. The US, meanwhile, planned to approve up to 500,000 advanced American AI chips annually, with a fifth slated for Abu Dhabi AI juggernaut G42.The initial batch of permits does not include any chips for G42, which is partnering with OpenAI on a campus in the UAE’s capital city, according to the people. G42 did not respond to a request for comment.It’s unclear when additional licenses may be issued, the people said, adding that it will depend in part on how the UAE’s specific investment plans unfold. Under the accord, the oil-rich UAE will match in investment what it receives in chip shipments, on a dollar-for-dollar basis.The Persian Gulf has major AI appetite and the money to back it, making the region among the world’s most important markets — and financiers — for technology giants like Nvidia and OpenAI. Gulf nations including the UAE and Saudi Arabia have been subject to US restrictions on advanced AI chip shipments since 2023, over concerns that the technology could be diverted to China, which is subject to more sweeping semiconductor controls.Under President Joe Biden, US officials significantly slowed those license approvals, as they worked on a global framework that ultimately capped the volume of chip sales to many nations including the UAE. Under that policy, which Trump’s team is not enforcing and has said it will formally rescind, companies could bypass national limits in exchange for security commitments.Biden’s team issued some licenses for chip shipments to the UAE toward the end of his term, people familiar with the matter said. Also under his administration, G42 struck a partnership with Microsoft Corp., based in large part on the Emirati firm’s promise to unravel ties with China’s Huawei Technologies Co.Trump’s team, meanwhile, wants to go bigger. The Abu Dhabi data center was one of a spate of AI announcements to emerge from Trump’s trip to the Middle East in May. Officials have said the strategy is about both winning significant investment in the US and ensuring that Chinese companies such as Huawei don’t capture overseas customers in the AI race between the world’s two largest economies.“President Trump’s policy boxes China out of the Middle East whereas the previous administration’s policy forced these countries into China’s arms,” White House AI czar David Sacks said this week.Huawei has tried to woo customers in the UAE, Bloomberg reported in July, though it had gained little traction at the time. The company was offering potential clients a few thousand of its Ascend 910B AI chips, a generation-old model, plus remote access to more advanced systems located in China.While Sacks and others have argued that’s a reason for the US to move faster, some Trump officials saw the small size of Huawei’s pitch as evidence that the Chinese hardware giant has a limited capacity to compete.Prior to Trump’s trip, the US plan at one point had been to approve up to around 100,000 advanced AI chips annually, people familiar with the matter said. That later became up to 500,000 chips each year — an increase for which some officials feel the US did not get enough in return, particularly with regard to China-related issues. Some officials felt that the bilateral accord from May lacked sufficiently detailed security conditions for the chip shipments, headed to regions with close ties to Beijing.Sacks previously said the “vast majority” of advanced chips in the UAE “will be owned and operated by American cloud companies” – in line with the arrangement for G42 to get a fifth of the total shipments to the country.But when local companies like G42 might secure those licenses, and under what conditions, remains an open question. Just a few weeks after Trump’s trip ended, Commerce Secretary Howard Lutnick told lawmakers that “we are going to allow our allies to buy AI chips, provided they’re run by an approved American data center operator, and the cloud that touches that data center is an approved American operator.”","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}