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Nvidia Secures Major AI Deals and Export Approval, Fueling Stock Surge

Nvidia Secures Major AI Deals and Export Approval, Fueling Stock Surge

Author:

Global Cryptocurrency

Published:

2025-11-04 04:07:58

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BTCCSquare news:

Nvidia's stock rose 2.17% to $206.40 as the chipmaker cemented its dominance in AI infrastructure. Two landmark deals—IREN's Texas AI facility powered by Nvidia GPUs and OpenAI's access to hundreds of thousands of Nvidia chips via Amazon Web Services—highlight insatiable demand for its hardware.

Microsoft confirmed U.S. approval to export 60,400 A100 and GB300 GPUs to the UAE, where they'll support OpenAI and Anthropic's systems. The tech giant plans $15.2 billion in UAE investments by 2030, including a $1.5 billion stake in AI firm G42.

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