The United States has extended AI chip export restrictions beyond China to include some countries in the Middle East. The ban affects Nvidia and Advanced Micro Devices (AMD) chips. For China, the ban on chip exports was imposed in 2022.
Nvidia, the leading chipmaker, has reported a remarkable surge in sales for its second fiscal quarter, defying expectations and cementing its position as a dominant player in the AI industry. As per CNBC, the company’s sales grew by 171% to
Two Middle Eastern powerhouses are vying for the AI crown. With its cutting-edge AI chips, Nvidia finds itself at the center of an escalating race between Saudi Arabia and the UAE. With global chip shortages and surging demand from major
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