The United States has relaxed export restrictions on the United Arab Emirates, opening the door to sales of AI chips.
2026.07.11 08:13:19
The Trump administration plans to ease export restrictions on the United Arab Emirates (UAE), clearing the way for it to procure a range of advanced technologies including commercial satellites and AI-focused semiconductors. The U.S. Department of Commerce will issue a notice next week stating that the UAE now meets the criteria for more lenient treatment under U.S. export control laws. The department also noted that the UAE aligns with the U.S. stance on anti-Iran operations. The relaxed restrictions will enable Emirati companies to proceed with planned purchases of advanced AI chips from Nvidia, AMD, and Cerebras Systems. The agreement, reached between the U.S. and UAE over a year ago, allows these firms to supply thousands of processors to G42, a UAE state-backed leading tech enterprise, for the construction of new AI data centers in the region.
Alphabet is considering issuing its first Australian dollar-denominated bond, with debt financing emerging as a core funding source for its AI infrastructure expansion.
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