{"id":69644,"date":"2025-10-09T14:23:09","date_gmt":"2025-10-09T14:23:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/69644\/"},"modified":"2025-10-09T14:23:09","modified_gmt":"2025-10-09T14:23:09","slug":"nvidia-rises-after-u-s-approves-billions-in-ai-chip-exports-to-uae","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/69644\/","title":{"rendered":"Nvidia Rises After U.S. Approves Billions In AI Chip Exports To UAE"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Oct 9 – Nvidia (NASDAQ:NVDA<\/a>) shares rose about 1%<\/a> in premarket trading Thursday after the U.S. government approved billions of dollars’ worth of the company’s AI chip exports to the United Arab Emirates, according to a Bloomberg report<\/a>.<\/p>\n

The move marks a major step in advancing a bilateral artificial intelligence framework between Washington and Abu Dhabi. The Commerce Department’s Bureau of Industry and Security issued the export licenses under an agreement reached in May, according to the report.<\/p>\n

Under the deal, the UAE plans to match chip imports with equivalent U.S. investments, forming part of its broader pledge to commit about $1.4 trillion to American projects over the next decade. The first licenses pave the way for AI hardware shipments to support a five-gigawatt data center in Abu Dhabi, where OpenAI (OPENAI) is a key partner.<\/p>\n

The agreement allows for as many as 500,000 high-end chips annually, with 20% allocated for Abu Dhabi-based AI firm G42, though initial approvals reportedly exclude the company. Future licenses may depend on how Emirati investments proceed.<\/p>\n

U.S. officials have described the initiative as part of a strategy to limit China’s influence in AI infrastructure while strengthening American technology ties in the Middle East, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Oct 9 – Nvidia (NASDAQ:NVDA) shares rose about 1% in premarket trading…\n","protected":false},"author":2,"featured_media":63659,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[4420,220,218,219,46961,46960,44599,61,60,233,46959,80],"class_list":["post-69644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-abu-dhabi","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-billions-of-dollars","tag-commerce-departments-bureau-of-industry-and-security","tag-gurufocus","tag-ie","tag-ireland","tag-nvidia","tag-premarket-trading","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/69644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=69644"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/69644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/63659"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=69644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=69644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=69644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}