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On October 10, according to the Wall Street Journal, sources familiar with the matter revealed that the Trump administration and Saudi Arabia have made progress on an agreement to allow U.S. chip companies to export semiconductors to Gulf countries, and the deal may be finalized soon. The two sides have been discussing this agreement since May, when Trump mentioned chip collaborations between NVIDIA and AMD with Saudi Arabia and the United Arab Emirates. These chips will be used in data centers for training artificial intelligence models and are a key part of the Trump administration's plan to promote the global export of U.S. technology. Additionally, progress has also been made on a deal with the United Arab Emirates, with the U.S. government agreeing to provide some NVIDIA chips after finalizing an investment plan in the United States.
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