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Benzinga
Benzinga
Business
Anusuya Lahiri

Nvidia Rallies As Microsoft Expands AI Infrastructure In Middle East With US Backing

Nvidia United States UAE Brad Smith Microsoft Microsoft Corp NVDA Artificial Intelligence G42 United Arab Emirates
Microsoft Q1 Beats

Nvidia Corp (NASDAQ:NVDA) shares are trading higher after the U.S. reportedly approved Microsoft Corp (NASDAQ:MSFT) to ship the U.S. chip designer’s artificial intelligence chips for use in the United Arab Emirates (UAE).

The company announced new details of its long-term investment strategy in the UAE as Abu Dhabi and Dubai host primary energy and technology conferences this week.

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