Overview
- Nvidia shares rose roughly 3%–5% on Wednesday, lifting its market value above $5 trillion and putting it ahead of Microsoft and Apple.
- CEO Jensen Huang said Nvidia expects about $500 billion in AI‑chip orders and plans to build seven supercomputers for the U.S. government.
- New deals highlighted include work with Uber on robotaxis, a $1 billion stake in Nokia for 5G/6G development, and expanded collaborations with Oracle and Palantir.
- President Donald Trump said he will discuss Nvidia’s Blackwell chips with China’s Xi Jinping, a topic being watched for potential shifts in export access to the Chinese market.
- Global authorities, including the Bank of England and the IMF, have cautioned about AI‑driven valuation risks as markets set records, and investors now look to Nvidia’s Nov. 19 results for confirmation of growth.