NVIDIA hits $5T as AI frenzy roars on
Nvidia’s stock valuation hit $5 trillion after its chief executive, Jensen Huang, announced partnerships at a conference in Washington. The semiconductor manufacturer revealed collaborations with Nokia and Palantir that demonstrated unexplored applications for artificial intelligence systems.
President Donald Trump said he would discuss Nvidia’s Blackwell processors with Chinese officials. Access to China’s market could generate additional revenue exceeding tens of billions of dollars for the company, which excluded the region from financial projections.
The graphics processor maker dominates artificial intelligence computing through advances in chip architecture. Nvidia built its reputation selling consumer graphics cards before shifting focus to data center hardware that powers machine learning systems for technology companies.
