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>Nvidia (NVDA) on Wednesday became the first company in history to be valued above $5 trillion. Nvidia stock rose as much as 3.4% at the market open, pushing its market capitalization above $5 trillion for the first time as the chip giant continues to be the biggest winner from the AI boom. The company reached the milestone after comments from President Trump on Wednesday ahead of a planned meeting with CEO Jensen Huang added to optimism around prospects for Nvidia's sales in China. Trump told reporters Wednesday that he and Huang would be "speaking about Blackwells," Bloomberg reported, referring to the company's AI chips, a version of which could win approval for export to China.
Archive: (broken)
From the post:
>>Nvidia (NVDA) on Wednesday became the first company in history to be valued above $5 trillion.
Nvidia stock rose as much as 3.4% at the market open, pushing its market capitalization above $5 trillion for the first time as the chip giant continues to be the biggest winner from the AI boom.
The company reached the milestone after comments from President Trump on Wednesday ahead of a planned meeting with CEO Jensen Huang added to optimism around prospects for Nvidia's sales in China.
Trump told reporters Wednesday that he and Huang would be "speaking about Blackwells," Bloomberg reported, referring to the company's AI chips, a version of which could win approval for export to China.
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