Overview
- The stock jumped above $210 intraday, briefly valuing the company at more than $5 trillion and extending year‑to‑date gains past 50%.
- CEO Jensen Huang said Nvidia expects about $500 billion in AI chip orders and outlined plans for seven U.S. government supercomputers.
- New collaborations span the U.S. Department of Energy and partners including Nokia, Uber and Eli Lilly as Nvidia expands its AI infrastructure footprint.
- Geopolitics remains a swing factor, with President Trump set to discuss Nvidia’s Blackwell chips and export policy with China’s President Xi Jinping.
- Investors now focus on fiscal third‑quarter results due November 19 as analysts flag valuation risks and rising sector capital spending.