NVIDIA Stock Cracks $5 Trillion
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Nvidia, Jensen Huang
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At the company’s annual developers confab, Huang mentioned several times that half of the world’s AI researchers come from China.
The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake.
Trump signals potential China tariff cuts & Nvidia AI chip sales. Learn about US-China relations, APEC summit, and tech policy before the Trump-Xi meeting. Click to discover more!
The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.
Nvidia sees $500B in GPU sales by 2026, excluding China. Analysts forecast higher growth and raised price targets.
Nvidia became the first company ever to be valued at $5 trillion. Hopes for a détente with China helped drive it past the milestone. Nvidia still has a lot more ways it can grow. Nvidia (NASDAQ: NVDA) just hit another in a long list of milestones.
Chinese defense company Norinco introduced an AI military drone with 'autonomous combat-support' capability to help make warfare more efficient.
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