Nvidia became the first public company to top $5 trillion in market value after shares rose 5.6% to $212.19, following news that U.S. President Donald Trump expects to discuss its Blackwell chips with Chinese President Xi Jinping. CEO Jensen Huang said Nvidia expects $500 billion in AI chip sales and is building seven U.S. supercomputers. The feat comes three months after $4 trillion, amid seemingly insatiable demand for scarce GPUs; in September, Nvidia said it would invest up to $100 billion in OpenAI, with both planning to deploy 10GW of Nvidia systems.

Prepared by Christopher Adams and reviewed by editorial team.