Nvidia Scores Big As Trump Brokers Major AI Export Pact With UAE and US Tech Giants

The Trump administration forged a preliminary deal with the United Arab Emirates involving importing 500,000 of Nvidia Inc.’s (NASDAQ:NVDA) advanced AI chips annually. The deal was at least through 2027 but could be in place until 2030, Reuters reported on Wednesday, citing unnamed sources familiar with the matter. Under the deal, 20% of the chips, or 100,000 of them per year, will serve UAE’s tech firm G42, while the rest would be split among U.S. companies, including Microsoft Corp (NASDAQ:MSF