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US approves export of advanced artificial intelligence chips to UAE

The U.S. government has approved the export of cutting-edge artificial intelligence chips to a facility operated by Microsoft in the United Arab Emirates as part of a partnership with Emirati artificial intelligence company G42. Axios reported the development, citing people familiar with the matter.

Also read: Semiconductor memory market to reach $340 billion by 2032

The export approval is consistent with strong international trade activity in the U.S. electronic chip industry. IndexBox platform data shows that the total export volume of U.S. electronic chips in 2023 will reach US$42.4 billion. Major export partners include Mexico ($11.9 billion), China ($5.1 billion) and Taiwan ($4.6 billion). A partnership between Microsoft and G42 could open new avenues for U.S. companies engaged in high-tech exports.

In addition, U.S. electronic chip imports in 2023 will be worth US$35.5 billion, showing the country’s strong reliance on imports to meet its technology needs. The largest import partners include Malaysia ($9.6 billion), Taiwan ($7.3 billion) and South Korea ($2.4 billion), reflecting a diversified and strategic sourcing strategy.

As global demand for artificial intelligence technology continues to grow, the export of advanced artificial intelligence chips not only strengthens the economic ties between the United States and the UAE, but also highlights the important role of the United States in the international electronic chip market.

Source: IndexBox Market Intelligence Platform

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