Overview
- Nvidia’s market value topped $5 trillion at the open on Wednesday, just three months after crossing $4 trillion, with shares up roughly 3%–5% in early trading.
- CEO Jensen Huang said the company expects about $500 billion in GPU orders through 2026 and outlined plans for seven U.S. Department of Energy AI supercomputers.
- Nvidia announced new tie‑ups including Uber on robotaxis, a $1 billion Nokia partnership for 6G, collaborations with Oracle and Palantir, and 1,000 GPUs for Eli Lilly, alongside a planned $100 billion investment in OpenAI and a $5 billion stake in Intel.
- President Trump signaled he may discuss Nvidia’s Blackwell chips with China’s Xi Jinping this week, with any approval for high‑end exports to China still uncertain and a reported H20 revenue‑share arrangement not yet formalized.
- Nvidia’s size now rivals half of Europe’s Stoxx 600 and exceeds the entire crypto market, giving it outsized sway over major indexes as officials at the Bank of England and IMF warn about overheating tech valuations ahead of Nvidia’s Nov. 19 results.