DUBAI, May 15 (Reuters) - The United States and United
Arab Emirates have finalised a technology framework agreement
that is expected to be signed later on Thursday during President
Donald Trump's last stop of his three-country Gulf tour, a
source with knowledge of the matter said.
The agreement requires commitments on both sides to the
security of technology, the source said.
A deal with the U.S., which has for years pursued
increasingly protectionist policies to curb China's access to
advanced semiconductors, would be a major win for the UAE, which
is seeking to become a global powerhouse in artificial
intelligence (AI).
The White House, U.S. Commerce Department and the foreign
ministries of the UAE and China did not immediately respond to
requests for comment.
Reuters reported on Wednesday that Washington and Abu Dhabi
were close to a deal that would allow the UAE to import 500,000
of Nvidia's ( NVDA ) most advanced AI chips per year, starting
in 2025.