U.S. Grants Microsoft License to Export Nvidia AI Chips to UAE

The U.S. Department of Commerce has granted Microsoft permission to export Nvidia’s advanced AI chips to the United Arab Emirates (UAE), a significant move under the current administration. This approval supports Microsoft’s $15.2 billion investment in the region, aiming to expand AI and cloud infrastructure through a partnership with G42, an Abu Dhabi-based firm. 800 million USD for U.S. semiconductor firms