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Nvidia Stock Rises on U.S. Approval for UAE Chip Exports

Nvidia Stock Rises on U.S. Approval for UAE Chip Exports

Author:

Global Cryptocurrency

Published:

2025-11-04 18:35:02

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BTCCSquare news:

Nvidia shares climbed 2.17% after the U.S. government greenlit chip exports to the United Arab Emirates. Microsoft secured the first export licenses under the Trump administration, allowing shipment of advanced A100 chips equivalent to 60,400 units. The Commerce Department approved the move in September following enhanced technology safeguards.

Microsoft plans to deploy Nvidia's latest GB300 GPUs in the UAE, boosting AI capabilities for OpenAI and Anthropic models. The tech giant will increase its UAE investment to $15.2 billion by 2030, signaling growing Middle Eastern demand for cutting-edge computing infrastructure.

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