Trump Considers Relaxing Nvidia Chip Sales to UAE, According to Bloomberg

The administration of President Trump is considering a possible relaxation of the sales restrictions on Nvidia (NVDA) to the United Arab Emirates, according to sources cited by Bloomberg’s Mackenzie Hawkins, Ben Bartenstein, and Ryan Gould. Informants indicate that President Trump may reveal plans for initiating a bilateral semiconductor agreement during his forthcoming visit to the Gulf region. Discussions surrounding semiconductor trade regulations are still active, with negotiations to adjust restrictions on AI chip sales to the UAE gaining momentum within both the Commerce Department and the White House. Following this news, Nvidia’s stock saw a 5% increase, reaching $114.66.