NVIDIA Stock Soars Amid US Approval for AI Chip Exports to UAE

Shares of NVIDIA Corporation (NASDAQ: NVDA) saw a 2.33% surge on October 9, 2025, reaching $193.52 following positive news about U.S. government approval of billions in AI chip exports to the United Arab Emirates (UAE). This development is part of a larger agreement that will see the UAE make significant investments in U.S. projects while receiving access to advanced AI technology. Experts attribute this rise to expanding interest in the decentralized finance (DeFi) sector and increasing institutional involvement in the tech market.