US close to letting UAE import millions of Nvidia’s AI chips, sources say

By Karen Freifeld, Hadeel Al Sayegh

NEW YORK/DUBAI (Reuters) -The U.S. has a preliminary agreement with the United Arab Emirates to allow it to import 500,000 of Nvidia’s most advanced AI chips per year, starting in 2025, two sources familiar with the situation said, boosting the Emirates’ construction of data centers vital to developing artificial intelligence models.

The sources, who spoke on condition of anonymity, said the agreement was at least through 2027, but that there was a…