Overview
- Nvidia shares jumped around 4%–5% after its GTC disclosures, lifting market value to roughly $5.1 trillion and vaulting it above Microsoft and Apple.
- CEO Jensen Huang said the company expects about $500 billion in AI‑chip orders and outlined plans for seven U.S. government supercomputers.
- Nvidia highlighted new collaborations with organizations including Uber, Eli Lilly and Nokia, underscoring its role as core AI infrastructure.
- President Trump said he will discuss Blackwell with China’s Xi Jinping, prompting speculation about easing export limits, though no policy decision has been announced.
- Investors now look to Nvidia’s Nov. 19 fiscal Q3 results and surging AI capex at Microsoft, Alphabet and Meta to gauge whether current spending and valuations are sustainable.