Nvidia gains as US lets Microsoft export co's AI chips in UAE
ReutersNov 3, 2025 2:47 PM
Shares of chipmaker Nvidia NVDA.O up 2.9% at $208.32 in early market trading
Microsoft MSFT.O secures Trump administration's approval to export NVDA chips for its data centers in United Arab Emirates for the first time
MSFT to invest $15.2 bln in UAE between 2023 and 2029
Separately, Microsoft signs $9.7 bln deal with IREN IREN.O that includes access to NVDA's advanced chips
Up to last close, NVDA has risen ~51% this year
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
US Stock November Prediction: Investors Weigh Seasonal Rally Against Concerns Over AI Valuations
TradingKey - After the S&P 500 Index posted its longest monthly winning streak since August 2021 with six consecutive gains, a hawkish Federal Reserve and concerns over artificial intelligence (AI) valuations have clouded the start of November for U.S. equities. Amidst a broad tech sector pullbackTradingKey
8 hours ago
When Will Elon Musk Send Dogecoin to the Moon? Will DOGE Price Soar?
Dogecoin, the original and largest meme coin by market capitalization, is poised for a significant price catalyst by year-end. A long-time favorite of Elon Musk, the cryptocurrency has garnered his support on multiple occasions. The crypto market is now eagerly awaiting Musk's planned mission to senTradingKey
11 hours ago
Strategy (MSTR): Why This Bitcoin Proxy Is Decoupling From BTC — And Is It Still a Buy?
TradingKey - Strategy stock is in a sustained decline and remains entrenched in a downward channel, as Bitcoin continues to fall and briefly dipped below $100,000 on November 4, leading to a sharp decline in Bitcoin-related stocks. We believe Strategy’s slump has not yet abated.TradingKey
Thu, Nov 6
Tesla’s 2025 Shareholder Meeting Showdown: Musk’s Leadership and Tesla’s Crossroads
TradingKey - Tesla (TSLA), the electric vehicle leader, will hold its 2025 Annual Shareholder Meeting on November 6. Dubbed by CEO Elon Musk as a moment that will “decide Tesla’s future and shape the world’s,” the event centers on one pivotal question: Will shareholders approve Musk’s proposed $1 TTradingKey
Wed, Nov 5
Palantir Q3 2025 Earnings: Blowout Performance Can’t Hide an AI Bubble， Four Growing Risks Behind a Nearly 1,000x Valuation
TradingKey – After the close of trading on November 4, “AI application King” Palantir Technologies (PLTR) reported its third-quarter earnings for fiscal year 2025. Despite a blowout quarter, surging top-line growth, and a flood of commercial orders, the stock plunged in after-hours trading.TradingKey
Tue, Nov 4
