The U.S. abolishes AI restrictions, the Middle East provides energy and money, can the U.S. stock market's AI bull market "extend its life"?

Wallstreetcn
2025.05.16 12:16
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During his visit to the Middle East, U.S. President Trump lifted the Biden administration's export restrictions on AI chips, promoting AI development. Middle Eastern countries plan to invest $2.2 trillion in building data centers and purchasing American AI chips, further tying AI development to U.S. companies. This move opens new markets for American AI firms, leading to a 6% increase in NVIDIA's stock price. The Trump administration has demonstrated a supportive stance towards AI development by firing the director of the Copyright Office to promote the application of AI technology