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Benzinga
Benzinga
Business
Ananya Gairola

Nvidia CEO Jensen Huang Reportedly Frustrated As Trump's Commerce Secretary Slows UAE Chips Deal Over China Link

Jensen Huang Nvidia Commerce UAE United States Howard Lutnick China NVIDIA Corporation Abu Dhabi David Sacks
Jensen,Huang,Nvidia's,Founder,,President,And,Ceo,Gestures,During,A

A multibillion-dollar deal for Nvidia Corporation (NASDAQ:NVDA) to supply advanced AI chips to the UAE has been stalled for months, reportedly frustrating CEO Jensen Huang as U.S. Commerce Secretary Howard Lutnick pushes Abu Dhabi to finalize investments before shipments proceed.

Nvidia's market cap has reached $4.59 trillion, with shares climbing 58.97% over the past year and advancing 36.61% in 2025 to date. On Thursday, the stock rose 0.91%, according to Benzinga Pro.

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