Nvidia stock has been buoyant in recent days but it didn’t get a hoped-for boost from President Trump's meeting with Xi Jinping.

In the past year, Nvidia stock has advanced 45%, bringing its market value to $5 trillion. More impressive, Palantir Technologies stock has advanced 335%, bringing its market value to $465 billion. That means the companies, in aggregate, are worth about $5.4 trillion.

Overview NVIDIA stock hits record highs driven by explosive artificial intelligence demand.Dominance in AI and data center technology secures NVIDIA’s lead in t

Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.

NVIDIA, Microsoft, Alphabet, AMD, Palantir. Revenue data, analyst ratings, price targets for AI chip and cloud investments.

Nokia’s shares surged over 20% this week after Nvidia stock revealed a $1 billion investment forming a new alliance to develop AI-driven networking and 6G infrastructure.

Nvidia Corporation is rated a Strong Buy as its AI dominance, $5T+ market cap, and strategic alliances drive sustained growth. Click for my NVDA stock update.

The rise of the neocloud has really excited risk-taking AI investors who are comfortable with excess levels of volatility for a shot at bigger returns. With the rise of CoreWeave (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS) really capturing the love of traders because of their strong growth rates and even more promising long-term narratives,

Shares of Nvidia (NASDAQ: NVDA) charged sharply higher Wednesday, climbing as much as 5.6%. As of 11:41 a.m. ET, the stock was still up 3.9%.