BigTech @BigTech: "US Plans to Approve Sale..."

Smart Portfolio

US Plans to Approve Sale of Chips to Saudi AI Venture Humain 👉 The U.S. government is preparing to approve the export of advanced AI chips to Humain, the Saudi-backed artificial-intelligence venture, marking a notable change in export control policy. The move would allow American technology firms such as $NVDA (NVIDIA Corporation) , $AMD (Advanced Micro Devices Inc) and others to supply state-of-the-art semiconductors to Humain’s planned large-scale data-centre network. 👉 Humain, chaired by Mohammed bin Salman and backed by Saudi Arabia’s Public Investment Fund, aims to launch data centres in Riyadh and Dammam from early 2026. These sites will operate with imported U.S. chips, and the company has pledged it will not utilise equipment from Huawei Technologies in order to ease American security concerns. 👉 The shift highlights the growing intersection of technology, geopolitics and global ambition. While the deal offers Saudi Arabia a clear path toward becoming a major AI infrastructure hub, the U.S. must balance export-control risks with strategic partnerships. The development may reshape regional AI capacity and complicate the global tech-supply-chain landscape. 🔗 Read more : finance.yahoo.com/news/us-plans-approve-sale-chips-232752516.html ✨ $NVDA and $AMD are part of eToro’s @BigTech Smart Portfolio. This fully allocated investment strategy invests in leading global large-cap companies from the technology sector, including telecommunications, entertainment, e-commerce, software solutions, and more. @BigTech is part of eToro's Smart Portfolios series, covering innovative themes, and is available from a minimum investment of $500. Some of the companies invested in this portfolio are, $AAPL (Apple) , $MSFT (Microsoft) , $PANW (Palo Alto Networks) and $ORCL (Oracle Corporation) . Your capital is at risk. Past performance is not an indication of future results.