Overview

• Bloomberg reports the United States approved several billion dollars of Nvidia AI chip exports to the United Arab Emirates, citing people familiar with the matter.
• Reuters states it could not immediately verify Bloomberg’s report.
• InvestingLive reports the approvals were described as the first since President Trump took office under a new Washington–Abu Dhabi artificial intelligence agreement.
• An unnamed U.S. official was quoted as linking the decision to a UAE commitment to make a reciprocal investment of similar scale in the United States, according to InvestingLive.
• Coverage characterizes the development as an easing of advanced semiconductor export controls with potential upside for Nvidia’s shares.