US Approved Sale of Nvidia (NVDA) Chips to UAE’s G42 - Semafor
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +81.6%
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(Updated - September 13, 2024 1:13 PM EDT)
The US government approved the sale of Nvidia (NASDAQ: NVDA) chips to UAE’s G42 - Semafor
- The US has approved the sale of cutting-edge Nvidia chips to G42, the company at the center of the United Arab Emirates’ efforts to become a global leader in artificial intelligence.
- The approval, which came earlier this year but has not been reported.
- G42 is only just beginning to deploy the chips, including a sizable order of Nvidia H100 models.
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