Nvidia share price: NVDA stocks jump after $5 trillion AI giant gets mega boost from Donald Trump boost

Nvidia share price on Monday rose over three per cent as the $5 trillion company's chips get a major thumbs up from U.S. President Donald Trump's Federal government. NVDA stocks jumped at Nasdaq to $208.83.

Microsoft will invest over $15 billion in the United Arab Emirates in the seven years to the end of 2029 and has the Trump administration's approval to export Nvidia chips for its data centres there, a senior executive told Reuters on Monday.

Microsoft Vice Chair and President Brad Smith said in a separate blog post on Microsoft's website on Monday that licences approved last year by the Biden administration allowed Microsoft to accumulate the equivalent of 21,500 Nvidia A100 GPUs in the UAE, based on a combination of A100, H100, and H200 chips.


Earlier on Sunday, U.S. President Donald Trump said that Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people.

Nvidia, the world's most valuable company, dominates the market for AI chips. Questions have swirled about whether Trump would allow shipments of a version of the Blackwell to China since August, when he suggested he might allow sales of a scaled-down version of Nvidia's next-generation advanced GPU chip in China.

However, President Trump's remarks to reporters aboard Air Force One suggest his administration may not be inclined to grant broad overseas access to the prized chip.

Nvidia CEO Jensen Huang said last week that Nvidia has not sought U.S. export licenses for the Chinese market because of Beijing's stance on the company.

"They've made it very clear that they don't want Nvidia to be there right now," he said during a developers' event, adding that it needed access to China to fund U.S.-based research and development.

Nvidia said on Friday that it would supply more than 260,000 Blackwell AI chips to South Korea and some of the country's biggest businesses, including Samsung Electronics.

FAQs

Q1. Who is CEO of Nvidia?
A1. Nvidia CEO is Jensen Huang.

Q2. Who is President of USA?
A2. President of USA is Donald Trump.