G42 Dismantles $150M Huawei Equipment, Gains 9-Month Unrestricted Access to Nvidia Core Products

NVDA1.57%
According to Odaily, G42, a core UAE-based AI enterprise, dismantled $150 million worth of Huawei equipment and gained unrestricted access to purchase Nvidia's core products for 9 months following new U.S. export policy adjustments. The company had previously undergone external audits to address U.S. government concerns about potential technology flows to China. The U.S. Commerce Department recently significantly relaxed AI semiconductor export controls to the UAE, enabling the policy shift.
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