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BTCC / BTCC Square / Global Cryptocurrency /
Nvidia Stock Rises on Trump’s Middle East AI Chip Deal and China Expansion Plans

Nvidia Stock Rises on Trump’s Middle East AI Chip Deal and China Expansion Plans

Author:
Global Cryptocurrency
Published:
2025-05-16 11:17:02
13
1

Nvidia shares gained 0.7% to $135.77 following President Trump’s announcement of a potential deal allowing UAE purchases of advanced American AI chips. This marks the second geopolitical boost for the chipmaker this week, coming days after US-China tariff reductions drove a 16% stock surge.

The company is simultaneously advancing its China strategy with plans for a Shanghai research center focused on local customer needs. While maintaining offshore chip design to comply with export controls, Nvidia aims to expand its $17 billion Chinese revenue to $50 billion within years.

|Square

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