Microsoft to ship Nvidia chips to United Arab Emirates; invest $15.2 billion

Core Insights - Microsoft announced an increase in investments in the United Arab Emirates (UAE) to $15.2 billion and plans to export Nvidia chips to the country to enhance its artificial intelligence initiatives [1][4]. Investment and Export Details - Microsoft is the first company under the Trump administration to receive export licenses from the Department of Commerce, which were granted in September based on updated technology safeguards [2]. - The investment in the UAE will span from 2023 to 2029, focusing on technology, talent, and trust to contribute to the local economy [4][5]. Market Impact - Following the announcement, Nvidia shares increased by 3%, while Microsoft stock saw a slight rise [2].