Nvidia (NASDAQ: NVDA) stock is popping this week, lifted by a wave of bullish developments which has seen a host of Wall Street analysts update their nvda stock price targets.
A $5 trillion market capitalization would be larger than the combined market values of Broadcom, TSMC, AMD, ASML, Micron, Lam Research, Qualcomm, Intel and Arm.
The tech giant owes much of its $4.89 trillion market capitalization to the use of its systems to train AI models. Now it's pushing deeper into the realm of corporations that will employ such models to solve real-life problems.
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Nvidia is on track to become the first company to cross the $5 trillion market value threshold.
Nvidia CEO Jensen Huang is headed to South Korea where he is expected to meet President Donald Trump and the country's top business executives. Trump may discuss Nvidia's future in China with the country's President Xi Jinping.
U.S. President Donald Trump said on Wednesday he will speak to Chinese President Xi Jinping about Nvidia's state-of-the-art Blackwell artificial intelligence chip at their expected meeting on Thursday.
Trump said he may discuss Nvidia's Blackwell AI chips with Chinese President Xi Jinping. The remarks follow China's ban on importing Nvidia chips, leaving the company with no market share there.
Nvidia CEO Jensen Huang said on Tuesday he expects to make announcements with South Korean companies that will please U.S. President Donald Trump and South Korea when he visits the country this week.
Joby Aviation surges after NVIDIA partnership reveal, becoming exclusive aviation launch partner for IGX Thor platform.
The chipmaker at the heart of the AI boom helped push the major indexes higher Tuesday after a raft of partnership announcements. Meanwhile, shares of a cruise operator encountered rough seas as adverse weather and cost pressures weighed on its outlook.
ore than $4 trillion, Nvidia is at the core of the global rollout of AI.