1008 ET - President Trump's trip to the Middle East highlights his administration's approach to other countries looking for chips needed for advances in AI. Wedbush analyst Dan Ives notes that Trump's trip shows Saudi Arabia getting the best Nvidia next generation chips with a red carpet rollout from prominent names in tech including Elon Musk, Jensen Huang and Andy Jassy. China, however, is dealing with restrictions and blockades from Nvidia's older H20 chip, slowing down the AI buildout in Beijing. "China is clearly taking notice and this adds to the drama of the broader US/China tariff/trade talks over the coming months," the analyst says. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
May 14, 2025 10:09 ET (14:09 GMT)
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