Nvidia's Market Value Surges as AI Demand and Blackwell Chip Sales Drive Growth

The chipmaker surpasses Apple in market capitalization, boosted by projected $9 billion Blackwell chip revenue and a $500 billion AI infrastructure project.

Nvidia has reclaimed its position as the world's most valuable company, surpassing Apple with a market cap of $3.58 trillion, as its shares rose over 4% this week.
The company's new Blackwell chips are projected to generate $9 billion in revenue for the January quarter, exceeding earlier estimates of $5 billion, according to UBS analysts.
President Trump announced a $500 billion AI infrastructure project called Stargate, naming Nvidia as a key technology partner alongside Microsoft and Arm.
Despite earlier concerns about Blackwell chip glitches and U.S. export restrictions, analysts report improved yields and production ramp-ups by suppliers like Foxconn and Quanta.
Wall Street analysts remain optimistic about Nvidia's growth, with price targets as high as $185 and expectations of continued dominance in the AI chip market.

Benzinga

Wall Street Pit

Investor's Business Daily