The U.S. has approved several billion dollars’ worth of Nvidia chip exports to the United Arab Emirates, Reuters reported, citing Bloomberg News. The Commerce Department’s Bureau of Industry and Security issued export licenses under the terms of a bilateral AI agreement, finalized in May.
The approval advances a preliminary deal allowing the UAE to import 500,000 of Nvidia’s most advanced AI chips annually starting in 2025. The agreement runs at least through 2027, with potential extension to 2030.
The deal hopes to boost the UAE’s data center construction, which is said to be vital for AI model development. Approval came after the UAE committed to a “reciprocal investment amount” on American soil, Reuters reported, citing Bloomberg.
“The Commerce Department is fully committed to the transformational U.S.-UAE AI partnership deal,” a government spokesperson told Bloomberg. Nvidia declined to comment on the report.
President Donald Trump seems to be aiming to improve Gulf region ties. During his May tour, Trump announced $600 billion in Saudi commitments, including deals to purchase chips from Nvidia, Advanced Micro Devices and Qualcomm.
