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Nvidia Stock Soars Amid US-Saudi Arabia Deal, AI Coins Recovery Ahead? Coingape 11 Sep 2024

Nvidia Stock Soars Amid US-Saudi Arabia Deal, AI Coins Recovery Ahead? 💹

According to recent reports, the US government is contemplating approving Nvidia’s request to export advanced chips to Saudi Arabia. This approval could, at least according to some experts, boost the price of AI coins.

The export of these advanced chips would significantly enhance Saudi Arabia’s capability to develop and operate sophisticated AI models.

The boost in AI technology in Saudi Arabia may lead to a recovery in AI-related cryptocurrencies.

Source: coingape.com ↗