Nvidia CEO Jensen Huang said on Thursday he was confident that U.S. President Donald Trump and Chinese leader Xi Jinping had a good conversation during a meeting in South Korea earlier in the day.
Speculation that Washington could permit Nvidia Corp (NASDAQ:NVDA, ETR:NVD) to resume exporting its most advanced chips to China pushed the company's shares up 3% in after-hours trading, reinforcing its status as the world's most valuable company. The prospect of a breakthrough came as Chinese President Xi Jinping and US President Donald Trump began high-stakes talks in Busan, South Korea, on Thursday aimed at determining whether the two powers can extend their fragile trade truce or slip back into confrontation.
NVIDIA, Tesla, and Invesco QQQ are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with a large market capitalization-commonly defined as roughly $10 billion or more-calculated by multiplying a company's share price by its outstanding shares. Investors generally view large caps as established,
U.S. President Donald Trump may have teased that he could discuss Nvidia's state-of-the-art artificial intelligence Blackwell chips with Chinese President Xi Jinping, but in the end, he said the topic didn't come up.
U.S. President Donald Trump said on Thursday he did not discuss chipmaker Nvidia's state-of-art Blackwell artificial intelligence chip during talks with Chinese President Xi Jinping.
NVIDIA (Nasdaq: NVDA) shares closed the day up 2.99% on Wednesday.
The A.I. chip maker has become a linchpin in the Trump administration's trade negotiations in Asia.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD)'s latest announcements mark another major turning point in the artificial intelligence revolution, according to Wedbush analysts, who believe CEO Jensen Huang's keynote at the company's GTC event in Washington, DC, underscores Nvidia's role as the driving force behind the next era of AI infrastructure. “Huang's remarks reinforce our view that Nvidia remains at the center of one of the most disruptive technology shifts in modern history,” the analysts wrote.
Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least.
The biggest beneficiary of the ongoing AI boom, Nvidia has become the first public company to pass the $5 trillion market cap milestone.
Nvidia captures two of new economy's most-important drivers.
Nvidia Corporation tops $5 trillion, leading the Dow (with Caterpillar Inc.) after a bullish GTC showcase in Washington, D.C. NVDA shares are up 55% YTD, with strong seasonals and momentum into year-end. Valuation still reasonable, backed by $500 billion in AI revenue visibility and firm margins.