Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Gold drops 2% to below $3200 an ounce

May 14, 2025

Aussie drops after wages data

May 14, 2025

Germany’s new chancellor to pursue ‘strategic de-risking’ from China

May 14, 2025
Facebook X (Twitter) Instagram
Wednesday, May 14
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Trump’s Mideast visit clears path for advanced AI chip deals led by Nvidia
Business

Trump’s Mideast visit clears path for advanced AI chip deals led by Nvidia

adminBy adminMay 14, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 5


The Trump administration is clearing a path for two key Persian Gulf allies to pursue their artificial intelligence (AI) ambitions – and some of the biggest US technology companies are seizing on that opening with plans to spend billions of dollars in the region.
The deals are taking shape, while President Donald Trump visits the Middle East to forge deeper business ties that put US technology initiatives at centre stage. Even before any formal announcement of accords between the US and its partners, news began to emerge of American companies readying expanded projects in the region.

Those AI initiatives stood out in a flurry of investments unveiled on the first full day of Trump’s visit to the region.

In Riyadh, Saudi Arabia’s capital, Trump was joined by Crown Prince Mohammed bin Salman in hailing closer commercial relations. The deals also have included expanded purchases of Boeing passenger jets and a promise by the kingdom to allow Elon Musk’s Starlink service to be used in aviation and maritime shipping.
To pave the way on AI, the US on Tuesday moved formally to rescind the so-called AI diffusion rule launched under President Joe Biden. That measure, which created three broad tiers of access for countries seeking AI chips, had faced intense opposition from companies like Nvidia and American allies over the constraints it placed on countries’ semiconductor purchases.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Singapore’s NUS, China’s Tsinghua University among world’s top producers of rich alumni

May 14, 2025
Business

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025
Business

Hong Kong landlords combat tough retail environment by offering rent discounts to tenants

May 14, 2025
Business

China’s Zhipu eyes expansion via Belt and Road Initiative as global AI market heats up

May 14, 2025
Business

Beijing summons JD.com, Meituan, Alibaba’s Ele.me as food delivery feud heats up

May 14, 2025
Business

Foxconn profit surges amid AI boom, but trade tensions cloud outlook

May 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

OPEC expects slower 2025 oil supply growth from rivals after price drop – Markets

May 14, 2025

OPEC expects slower 2025 oil supply growth from rivals after price drop – Markets

May 14, 2025

Gold price per tola falls Rs2,300 in Pakistan – Markets

May 14, 2025

Pakistan, Japan sign $3.5mn agreement for installation of smart water meters – Business & Finance

May 14, 2025
Latest Posts

Pakistan receives second tranche of $1bn from IMF – Business

May 14, 2025

Modi visits air force base as Dassault stocks plummet – World

May 14, 2025

China offers Latin America and the Caribbean billions in bid to rival US influence – World

May 14, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Gold drops 2% to below $3200 an ounce
  • Aussie drops after wages data
  • Germany’s new chancellor to pursue ‘strategic de-risking’ from China
  • Here are things driving the 5-day winning streak in Amazon stock
  • Stock rally on pause — plus, Honeywell’s quantum unit inks a deal and Nvidia goes green

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Gold drops 2% to below $3200 an ounce

May 14, 2025

Aussie drops after wages data

May 14, 2025

Germany’s new chancellor to pursue ‘strategic de-risking’ from China

May 14, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.