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WSJ Tech News Briefing

TNB Tech Minute: National-Security Concerns Hold Up Trump’s U.A.E Chips Deal

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 17 July 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: TSMC plans to speed up its Arizona expansion to meet rising demand for chips. GE Aerospace raises guidance after earnings beat. Ariana Aspuru hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Americans love using their credit cards, the most secure and hassle-free way to pay.

0:04.0

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

0:08.0

This bill lets corporate megastores pick how your credit card is processed,

0:13.0

allowing them to use untested payment networks that jeopardize your data security and rewards.

0:18.0

Corporate megastores will make more money and you pay the price.

0:22.1

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

0:28.1

guard your card.com. Here's your morning TMB Tech Minute for Thursday, July 17th. I'm

0:36.0

Mariana Aspuru for the Wall Street Journal. We are

0:39.1

exclusively reporting that some U.S. officials are holding up efforts to finalize an agreement

0:44.3

for the United Arab Emirates to buy billions of dollars in NVIDIA's AI chips to build AI

0:49.9

data centers with U.S. tech firms. But some U.S. officials worry that China could get access to

0:55.7

cutting-edge technology, people familiar with the talk said. Some of the people also said,

1:00.8

the Commerce Department now doesn't plan to approve chips going to G-42, which is an AI firm

1:06.4

based in Abu Dhabi, though it might in the future. In more chip news, Taiwan semiconductor manufacturing,

1:13.4

or TSM, is speeding up its expansion in Arizona to meet increasing demand. The company's chief

1:19.7

executive, CC Wei, said the chipmaker would pull forward some of its production timelines by several

1:25.2

quarters. He also said the expansion is aimed at creating

1:28.6

a gigafab cluster in Arizona to support U.S. clients in businesses like AI and smartphones.

1:35.3

The news comes after the company reported a record profit in the second quarter and raised its

1:40.8

full year guidance. And finally, GE Aerospace increased its full-year earnings

1:46.8

outlook after it beat expectations on its top and bottom lines in the second quarter. The jet engine

1:52.5

maker's revenue increased 21%, as demand for its services hasn't been hit too hard by tariffs.

...

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