12:43 PM EDT, 05/01/2025 (MT Newswires) -- (Updates with Nvidia ( NVDA ) declines to comment in the last paragraph.)

The US is weighing 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 may announce the start of work on a bilateral chip deal during an upcoming visit to the Gulf, the report said.

Nvidia ( NVDA ) declined to comment to 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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