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The US has approved several billion dollars worth of Nvidia chip exports to the UAE, according to Bloomberg News. This decision was made after the US imposed restrictions on the sale of Nvidia chips to UAE-based companies due to national security concerns. The approval allows Nvidia to continue selling its chips to certain UAE-based companies, but the details of the approval have not been disclosed.
The US has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates (UAE), according to Bloomberg News. This decision follows the US's imposition of restrictions on the sale of Nvidia chips to UAE-based companies due to national security concerns. The approval allows Nvidia to continue selling its chips to certain UAE-based companies, but the details of the approval have not been disclosed. The approval comes after months of delays in the Nvidia-UAE deal, which promised up to a billion dollars in U.S. investments in exchange for approval to purchase Nvidia chips worth a similar amount. The delay was attributed to the UAE's slow commitment to U.S. investments and concerns over its ties with China [1]. Despite the challenges, both industry executives and administration officials view the UAE deal as crucial for maintaining the U.S.'s global lead in AI. The agreement is seen as a key component of the White House's AI agenda, with potential to scale American AI hardware beyond Western allies and expand U.S. influence in advanced technology throughout the region [1]. Nvidia's market performance remains strong, with its market capitalization reaching $4.59 trillion, shares climbing 58.97% over the past year, and advancing 36.61% in 2025 to date [2]. This robust performance highlights Nvidia's central role in the AI industry, even as it navigates complex international deals.

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