Global Stock News

NVIDIA’s stock price continues to hit record highs amid reports that it has been approved to export AI chips to the UAE.

NVIDIA’s stock price continues to hit record highs amid reports that it has been approved to export AI chips to the UAE.

① NVIDIA’s stock price rose nearly 3%, with its market value surpassing $4.7 trillion, following approval from the U.S. Department of Commerce to export billions of chips to the UAE; ② In May this year, the U.S. and the UAE announced a partnership to build an artificial intelligence data center campus with a capacity of 5GW. In response, the UAE announced a $1.4 trillion investment plan in the U.S. over the next decade.

Cailian Press, October 9 (edited by Zhao Hao) — During Thursday’s (October 9) early trading session on the U.S. stock market, NVIDIA’s share price surged nearly 3%, reaching an all-time high of $195.30 per share, pushing its market capitalization above $4.7 trillion.

Today’s reports indicate that the U.S….

Source link

Share this article

Scroll to Top