Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects

The Commerce Department's Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said,

Meanwhile, an Nvidia GeForce RTX 5090 has 32GB of VRAM. For AI workloads where memory capacity is the bottleneck, a MacBook can outperform a beefy desktop PC with a high-end Intel CPU and an RTX 5090, even though Nvidia’s RTX GPU is much faster than Apple’s.

"The guy at the epicenter [is] basically starting to do what all ultimate bad actors do in the final inning," Morgan Stanley's Lisa Shalett tells Fortune.

One example of AI factories coming to pass is the British government's goal to expand the country's AI computing infrastructure by 20 times over the next five years. To that end, the U.K. partnered with OpenAI, and in turn, OpenAI enlisted Nvidia to provide as much as 31,000 AI chips.

T-Rex 2X Long Nvidia ETF's leveraged exposure can maximize gains, with risks. NVDX aims to deliver 200% of NVDA's daily performance. See more.

U.S. technology company Nvidia and Fujitsu, a Japanese telecommunications and computer maker, have agreed to work together on artificial intelligence to deliver smart robots and a variety of other innovations.

On Monday, OpenAI and Nvidia jointly announced a letter of intent for a strategic partnership to deploy at least 10 gigawatts of Nvidia systems for OpenAI's AI infrastructure, with Nvidia planning to invest up to $100 billion as the systems roll out.

Hedge fund manager Philippe Laffont added to his position in CoreWeave, an artificial intelligence stock that works closely with Nvidia.

Gene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss key takeaways from Nvidia CEO Jensen Huang's interview, state of the AI boom, and more.