U.S. weighs letting Nvidia export advanced chips to Saudi Arabia, Semafor says

The U.S. government is considering allowing Nvidia (NVDA) to export advanced chips to Saudi Arabia, which would help the country train and run the most powerful AI models, people familiar with the matter told Semafor’s Reed Albergotti, Morgan Chalfant, and Kelsey Warner. The fate of those sales was a major, unofficial topic at Saudi Arabia’s global AI summit, known as GAIN, where representatives from AI hardware firm Groq, Google (GOOGL) and Qualcomm (QCOM), along with Saudi government officials, mingled and spoke on Thursday, the report added.