Trump administration reaches preliminary agreement with the United Arab Emirates involving imports of 500,000 Nvidia Inc. (NASDAQ:NVDA) Advanced AI chips every year.

Reuters reported on Wednesday that the deal will be until at least 2027, but it can not be reached until 2030, until 2030.

Under the agreement, 20% of the chips (or 100,000 chips per year) will serve UAE's tech company G42, while the rest will be distributed among U.S. companies. Microsoft Corp (NASDAQ: MSFT) and Oracle Corp (NYSE: ORCL) may also attempt to set up data centers in the UAE.

Also Read: NVIDIA, AMD and other chip stocks will get as Trump plans to simplify AI chip export rules

U.S. President Donald Trump will visit the Gulf this week and announced a $600 billion investment plan from Saudi Arabia on Tuesday. The package includes a large-scale AI infrastructure partnership with Nvidia, Advanced Micro Devices (NASDAQ: AMD) and Qualcomm (NASDAQ:QCOM).

Saudi Arabia's public investment fund subsidiaries will partially establish AI factories across Saudi Arabia over the next five years, powered by NVIDIA's state-of-the-art GPUs.

The projected total capacity of the plant can reach up to 500 MW. Humain will also launch Saudi Arabia's first Nvidia Omniverse cloud platform.

Bank of America Securities Analyst Vivek Arya expects Oregon’s transactions to range from 2025 to a total of between $15 billion and $20 billion over a multi-year period.

Stock research analysts develop on Wall Street and outside of it, often use revenue growth and basic research as a form of valuation and forecasting. However, many in many deals turn to technical analysis as a way to form a predictive model of the stock price trajectory.

Some investors are looking for trends to help forecast, and they think stocks can be traded at some point in the future. From the NVIDIA perspective, investors can use moving averages and trend lines to evaluate the long-term prospects of stocks. If they think the stock will stay above the moving average, which many people think is a bullish signal, then they can use the trend line to generalize this trend into the future. For NVIDIA, the 200-day moving average is $125.33, down from the current price of $133.04, according to Benzinga Pro. For more information on charts and trend lines, see the description here.

Traders believe that when a stock is above its moving average it is usually a bullish signal, and when it goes above and it is a more negative signal. If conditions remain stable, investors can use the trend line to make good guesses that the stock can trade on a later date.