<ul><li>The U.S. government is preparing to announce a deal with Saudi Arabia to provide more access to advanced semiconductors for the latter, including chips from companies like NVIDIA and AMD.</li><li>Saudi Arabia's access to these chips is aimed at boosting its artificial intelligence ecosystem, with the launch of an AI venture supported by the $940 billion Public Investment Fund.</li><li>There are concerns about potential access to these chips by China, leading to restrictions imposed by both the Trump administration and Biden's 'Framework for Artificial Intelligence Diffusion.'</li><li>Plans to simplify export control rules for AI chips may be announced soon to promote American innovation and dominance in AI technology.</li></ul>

US’ AI Chips To Be More Accessible to Saudi Arabia: Report

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