The U.S. has a preliminary deal with the United Arab Emirates to allow it to import 500,000 of Nvidia's (NVDA) advanced AI chips per year, beginning in 2025.

The deal is expected to last at least until 2027, with the possibility of being extended to 2030. Under the draft terms, ...

The global AI infrastructure spending in USD: The Saudi deals with NVDA and AMD plug directly into the biggest growth engine of global AI infrastructure – accelerated servers and cloud platforms, ...