Nvidia stock rose after the U.S. government approved Microsoft’s request to export advanced Nvidia AI chips to the United Arab Emirates. The approval, granted by the U.S. Department of Commerce in September, allows Microsoft to ship tens of thousands of Nvidia’s GB300 GPUs to the UAE, reinforcing growing technological cooperation between the two countries.
Nvidia Stock Rises 2.17%: Investor Confidence in GB300 Exports
Following the announcement, Nvidia’s stock price increased by 2.17%, reaching $203 before closing at $199.39. This marks a noticeable improvement compared to the company’s previous trading period, when Nvidia shares averaged around $195 per share. The latest uptick reflects renewed investor confidence in Nvidia’s expanding international business and its role in powering large-scale AI infrastructure.
Microsoft’s $15.2 Billion Investment Covers AI Infrastructure in UAE
Microsoft secured the export licenses as part of its broader investment strategy in the UAE, which is projected to total $15.2 billion by 2030. The investment covers AI infrastructure, cloud computing facilities, and strategic partnerships that align with the UAE’s vision to become a leading global artificial intelligence hub.
U.S. Approvals Based on New Safeguards for Nvidia AI Chip Exports
The U.S. Commerce Department confirmed that the export approvals were based on updated technology safeguards to ensure compliance with national security standards. The decision represents a key step in international technology trade and reflects the growing significance of AI cooperation between the United States and Gulf nations.
Details on the Allocation: 60,400 A100 Equivalent Chips (GB300)
The newly approved licenses permit Microsoft to export the equivalent of 60,400 Nvidia A100 chips, built using Nvidia’s cutting-edge GB300 GPU technology. This follows an earlier clearance allowing Microsoft to obtain 21,500 A100, H100, and H200 GPUs, expanding AI processing capacity across major projects in the UAE.
