Nvidia(US:NVDA) Guan Cha Zhe Wang·2025-07-17 08:29Core Viewpoint - The U.S. government is delaying the agreement reached during Trump's Middle East visit regarding the sale of NVIDIA AI chips to the UAE due to concerns about advanced semiconductor technology potentially flowing to China [1][3]. Group 1: Agreement Details - The agreement involves a deal worth several billion dollars for over 1 million NVIDIA advanced chips, which was expected to be finalized quickly after Trump's endorsement [1]. - Since the signing of the agreement in May, U.S. and UAE officials have not met to advance the deal, primarily due to U.S. officials' concerns about potential Chinese access to the chips through UAE entities [1][3]. - The U.S. is considering canceling the UAE AI company G42's direct chip acquisition rights, which could lead to dissatisfaction from the UAE, as they view the agreement as crucial for their AI development [3][4]. Group 2: U.S. Officials' Perspectives - U.S. Commerce Secretary's spokesperson indicated that the implementation of the agreement would proceed on schedule, while UAE officials remain optimistic about the negotiations [3]. - Some U.S. officials express frustration over the slow progress of the deal, fearing that Chinese tech companies might exploit the situation if the U.S. does not act [4]. - David Sacks, a key U.S. official involved in the negotiations, emphasized the importance of providing technology to Gulf countries to prevent them from turning to Chinese alternatives [4][8]. Group 3: Broader Implications - The U.S. government's shift in chip export policy also includes a recent decision to allow NVIDIA to resume sales of H20 chips to China, which is seen as a strategic move to maintain competitive advantage [8]. - Sacks argued that allowing NVIDIA to sell H20 chips to China would help the U.S. retain a favorable position in international competition and prevent Chinese companies from gaining market share [8].