Sheikh Tahnoon bin Zayed Al Nahyan, national security adviser for the UAE government, plans to visit Washington, D.C., to discuss easier access to artificial intelligence technology and investment in the US, Bloomberg reported Thursday, citing people familiar with the matter.
Al Nahyan will meet the US government officials, likely with Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and National Security Advisor Mike Waltz. It's unclear if he will meet with President Donald Trump, the report added.
The UAE is eager to buy advanced semiconductors, particularly from companies like Nvidia (NVDA), to support its growing artificial intelligence development, the report added.
Nvidia did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 115.78, Change: +0.04, Percent Change: +0.03
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.