11:53 AM EDT, 05/01/2025 (MT Newswires) -- The US is weighing potentially easing curbs on the sale of Nvidia ( NVDA ) chips to the United Arab Emirates, Bloomberg reported Thursday, citing people familiar with the matter.

President Donald Trump could announce the start of work on a bilateral chip deal during an upcoming visit to the Gulf, the people reportedly told Bloomberg.

Nvidia ( NVDA ) didn't immediately reply to a request for comment from MT Newswires.

(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.)

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