Microsoft secured U.S. export licenses to ship Nvidia GPUs to the UAE, becoming the first company approved under the Trump administration’s stricter tech safeguards. The licenses cover 60,400 A100-class chips to support UAE AI projects, with Microsoft expanding regional investment to $15.2 billion by 2030. Nvidia shares rose 1.97% premarket.
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00:03Microsoft said, Monday it secured U.S. export licenses to ship NVIDIA chips to the United Arab Emirates, according to CNBC.
00:11The tech giant said it became the first company under President Donald Trump's administration to secure Commerce Department export licenses in September under new, stricter technology safeguards.
00:20The licenses allow Microsoft to send 60,400 A100 equivalent GPUs, including NVIDIA's GB300 models, to bolster the UAE's AI initiatives.
00:31Microsoft President Brad Smith said, the move reflects bipartisan U.S. UAE cooperation and praised Commerce Secretary Howard Lutnick.
00:38Microsoft will expand its regional investment to $15.2 billion by 2030, including a $1.5 billion stake in AI firm G42 and $5.5 billion in AI and cloud infrastructure.
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