The enduring legacy of President Trump's trip to the Gulf may be the transformation of the Middle East into a global artificial intelligence powerhouse, despite massive risks to the U.S. Why it matters: The Biden administration saw the Gulf as a backdoor for China to gain access to the computing power needed to advance AI.

President Donald Trump said on Friday on his last stop on a Gulf tour focused on business deals that the United Arab Emirates and the United States had agreed a path for the Gulf country to buy advanced AI semiconductors from U.

KEY TAKEAWAYS The U.S. and the United Arab Emirates have struck a deal to let Abu Dhabi buy advanced American-made AI chips, U.S. President Donald Trump said on Friday.Trump called the contract "very big.