From Yahoo Finance: 2025-05-15 10:52:00

The Trump administration has struck a preliminary deal with the United Arab Emirates to import 500,000 of Nvidia Inc.’s advanced AI chips annually, with 20% going to UAE’s tech firm G42 and the rest to U.S. companies like Microsoft and Oracle. This deal, at least through 2027, could extend to 2030, Reuters reported. Meanwhile, President Trump announced a $600 billion investment package from Saudi Arabia, including AI infrastructure partnerships with Nvidia, AMD, and Qualcomm. Saudi Arabia’s HUMAIN will construct AI factories powered by Nvidia GPUs, with projected revenue estimates ranging from $15-20 billion over several years.

In trading, investors often use technical analysis to predict stock price movements. By analyzing trends and moving averages, like Nvidia’s 200-day moving average at $125.33, investors can make educated guesses about a stock’s future performance. Traders consider a stock above its moving average as bullish and below as bearish, using trend lines to forecast potential future stock prices based on stable conditions.



Read more at Yahoo Finance: Nvidia Scores Big As Trump Brokers Major AI Export Pact With UAE and US Tech Giants