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US Approves Export of 35K Nvidia Blackwell GB300 Chips to UAE & Saudi Arabia
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The US Department of Commerce (DOC) announced that it had authorized the export of advanced US chips to UAE company G42 and Saudi Arabian company Humain. These two companies were approved to buy up to 35,000 Nvidia (NVDA.US) Blackwell GB300 chips.

The DOC stated that this approval will promote the continued dominance of the US in the AI and technology field, aligning with not only the AI action plan proposed by President Donald Trump in July this year but also the US-Saudi and US-UAE AI cooperation agreements.

Related NewsInitial Jobless Claims for Oct/18 in United States is 232K, higher than the previous value of 219K. The forecast was 223K.

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