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Big week for US chips as export rules get rolled back

Overlooked countries like India and Saudi Arabia are now in the AI race.

Jon Peddie

Trump scrapped a Biden-era AI chip export rule, easing restrictions and enabling US firms like Nvidia to strike major deals—such as selling 18,000 Blackwell chips to Saudi Arabia’s Humain. AMD also announced a $10 billion AI partnership there. The move, timed with Trump’s visit alongside top tech CEOs, boosts US chip sales but raises geopolitical stakes. The US warned against using Chinese AI chips like Huawei’s Ascend, signaling a growing divide where nations may soon have to pick sides in the global AI race.It’s been a big week for American semiconductor companies. Trump made headlines by scrapping a Biden-era rule
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