$NVIDIA (NVDA.US)$ per this video, the collabration of Nvidi...
$NVIDIA(NVDA.US$ per this video, the collabration of Nvidia with middle east will boost Nnvidia price today?==》 - YouTube. n the news link ==>Indosat Ooredoo Hutchison Partners with NVIDIA for Sovereign AI Infrastructure - Telecom Review Asia Pacific
n i also got the confirmation from Gemini AI===>Yes,I am aware of the news that NVIDIA has entered the Middle East for the first time.The agreement was announced on June 24,2024,and marks NVIDIA's first large-scale launch in a region where the United States has restricted the export of sophisticated AI and HPC processors to prevent Chinese firms from circumventing the newest AI technology via Middle Eastern nations.
NVIDIA has signed a deal with Ooredoo,a Qatari telecommunications group,to deploy its artificial intelligence technology at data centers in five Middle Eastern countries:Qatar,Algeria,Tunisia,Oman,and Kuwait.The deal will make Ooredoo the first company in the region to offer its clients direct access to NVIDIA's AI and graphics processing technology.
The agreement is significant for both NVIDIA and Ooredoo.For NVIDIA,it represents a new opportunity to expand its market into a growing region.For Ooredoo,it will allow the company to offer its customers new and innovative AI-powered services.
The deal is also notable in the context of the ongoing trade war between the United States and China.The United States has imposed export restrictions on a number of high-tech products in an effort to prevent China from acquiring cutting-edge technology.NVIDIA's deal with Ooredoo suggests that the United States is willing to allow some companies to sell their products to Middle Eastern countries,even if those products could potentially be used by China.
It is unclear what the long-term implications of this deal will be.However,it is a sign that the global AI landscape is rapidly changing,and that new players are emerging from all over the world.
I hope this information is helpful.Please let me know if you have any other questions.
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