This opens up the door for AI development and testing on MacBooks, as well as running AI locally for assistive purposes.

The $5 trillion valuation surpasses the total cryptocurrency market value and equals roughly half the size of the pan European Stoxx 600 equities index, Reuters notes. At current prices, Huang’s stake in Nvidia would be worth about $179.2 billion, making him the world’s eighth-richest person.

Nvidia is working with several communications companies, including Booz Allen, Cisco, MITRE, ODC and T-Mobile to create what they're calling America's first AI-native wireless stack for 6G, integrating advanced AI across hardware, software and architecture to prepare future networks for the growth of AI traffic.

President Donald Trump has confirmed that he will meet Nvidia (Nasdaq: NVDA) CEO Jensen Huang on Oct. 29. The confirmation comes amidst the Japan leg of Trump's his Asia tour. His next stop will be South Korea where Huang is attending the Asia-Pacific Economic Cooperation CEO Summit.

Nvidia Corp. Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble, saying the company’s latest chips are on track to generate half a trillion dollars in revenue.

Nvidia is partnering with Spectro Cloud, a startup backed by Goldman Sachs, to simplify AI adoption and management.

Nvidia Corp. boss Jensen Huang plans to unveil new contracts to supply AI chips to major South Korean companies, including Samsung Electronics Co. and Hyundai Motor Group, when he visits the country this week to carve out new opportunities for his business.