The US Approves Shipment of NVIDIA Corporation's (NVDA) Chips to UAE

NVIDIA Corporation (NASDAQ:NVDA) is one of the Hottest Mega-Cap Stocks of 2025. On October 9, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) had received approval from the United States to ship several billion worth of its chips to the United Arab Emirates.  ​

NVIDIA Corporation (NASDAQ:NVDA) recently received its export licenses from the Commerce Department’s Bureau of Industry and Security as per the bilateral artificial intelligence agreement signed in May 2025. The agreement allows the UAE to import 500,000 of the most advanced AI chips of NVIDIA Corporation (NASDAQ:NVDA) per year, starting in 2025 to 2027. According to the report, the agreement has a chance to be extended until 2030. ​

NVIDIA Corporation (NASDAQ:NVDA) is a full-stack computing infrastructure company that focuses on accelerated computing to solve complex computational problems. The company offers AI data center platforms, GPUs, networking, and autonomous vehicle solutions.

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Disclosure: None. This article is originally published at Insider Monkey.