Nvidia Lands Game-Changing AI Chip Deal: U.S. Greenlights Multi-Billion-Dollar UAE Export

Nvidia just scored the AI hardware equivalent of striking oil—regulators approved massive chip shipments to the United Arab Emirates.

The Silicon Valley giant secures another geopolitical win as Washington clears advanced AI infrastructure exports.

Multi-billion-dollar deal signals global AI arms race accelerating—UAE positions itself as Middle East's tech hub while American chips fuel the transformation.

Wall Street analysts already recalculating Nvidia's revenue projections upward. Because nothing makes traditional investors happier than watching tech companies print money while they pretend to understand blockchain.

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The Commerce Department’s Bureau of Industry and Security granted Nvidia the export licenses as part of a U.S.–UAE artificial intelligence pact signed in May. The deal allows the Emirates to import up to 500,000 Nvidia chips a year starting in 2025, helping the country build large data centers that will support next-generation AI systems. In return, the UAE has pledged to invest up to $1.4 trillion in the U.S. over the next decade.

A Strategic Win for Nvidia

The approval is a big win for Nvidia, which already leads the global AI chip market. The deal opens a new source of revenue in the Middle East, where the UAE and Saudi Arabia are spending heavily to build their AI industries.

At the Core of the plan is a massive data center in Abu Dhabi, with OpenAI () as a main partner. The project will play a key role in the region’s AI goals and strengthen Nvidia’s position as the top supplier of chips for large-scale AI systems.

Is NVDA Stock a Buy, Hold, or Sell?

On TipRanks, NVDA stock has a Strong Buy consensus rating based on 35 Buys, two Holds, and one Sell rating. The average Nvidia price target of $213.61 implies 13.1% upside potential from current levels. Year-to-date, NVDA shares have surged nearly 41%.

As the U.S. approval for chip sales to the UAE strengthens Nvidia’s growth outlook, analysts could soon revise their price targets and earnings forecasts.