"Nvidia became the world's first $5 trillion company on Wednesday, surging on a wave of AI-driven demand and renewed optimism over access to China just hours after CEO Jensen Huang met with President Donald Trump, who vowed to push the chips in an upcoming meeting with Chinese President Xi Jinping. The Silicon Valley chipmaker's shares jumped another 5 percent in early trading Wednesday, lifting its market capitalization to $5.13 trillion, more than the combined main stock indices of Germany, France and Italy."
"the CEO had urged him to raise sales of the company's Blackwell technology in China with Xi. Jensen presented me with the first Blackwell chip three days ago in the Oval Office, the president said aboard Air Force One, calling it their super duper chip. We're about 10 years ahead of anybody else in chips in the highly sophisticated chips, Trump added. I think we may be talking about that with President Xi."
"The timing of the stock jump and the Trump meeting also come a day after Nvidia's annual AI conference, held Tuesday in Washington D.C. During his address Huang heaped praise on the president, saying Trump deserves enormous credit for reigniting America's tech sector and pushing production back onshore. If this didn't happen, we could have been in a bad situation, and I want to"
Nvidia reached a $5.13 trillion market valuation after its shares jumped amid surging AI demand and renewed optimism about China access. The market cap surpassed the combined main stock indices of Germany, France and Italy. CEO Jensen Huang met President Trump, who said Huang urged him to push sales of Nvidia's Blackwell technology in China and presented the first Blackwell chip. Trump described Blackwell as a "super duper chip" and claimed a roughly ten-year lead in highly sophisticated chips. Nvidia held its annual AI conference in Washington D.C., where Huang praised steps to onshore production and revitalize the U.S. tech sector.
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