US stocks movement | Nvidia (NVDA.US) rises 5% amid rumors that Trump will approve AI chip transactions in the Middle East.

According to the Zhtng Financial APP, on Tuesday, NVIDIA (NVDA.US) rose by 5%, reaching $129.20. There is news that Trump plans to authorize the sale of hundreds of thousands of AI chips to G42 in the United Arab Emirates and Humain in Saudi Arabia. Trump will visit Saudi Arabia, Qatar, and the United Arab Emirates from May 13th to 16th. Reports citing sources revealed that these agreements may be finalized during Trump's visit to the Middle East. Some of the chips will be distributed through G42's new partnership with OpenAI, while other chips may be supplied directly to G42.