Overview
- Nvidia’s shares jumped to just over $211 at the open on Wednesday, briefly lifting its market value to about $5.1 trillion.
- CEO Jensen Huang said the company expects $500 billion in AI chip orders and outlined plans to build seven supercomputers for the U.S. Department of Energy.
- Nvidia announced a $1 billion investment in Nokia to collaborate on AI‑native 5G‑Advanced and 6G networks, adding to a run of recent partnerships.
- President Donald Trump said he expects to discuss Nvidia’s Blackwell chips with China’s Xi Jinping this week, a focal point given U.S. export restrictions.
- The milestone sharpened bubble warnings from the Bank of England and the IMF, as Apple and Microsoft hover near $4 trillion valuations.