Nvidia's Shares Rise with Trump's Statements

Nvidia shares continue their record-high rise following U.S. President Donald Trump's announcement regarding the company's Blackwell artificial intelligence processors and his plans to discuss them with Chinese leader Xi Jinping. This development has fueled speculation that Washington may ease chip exports to China.

As of 09:10 GMT, Nvidia shares were trading at $206.13, up 2.6% in pre-market. If the share price rises above $206, Nvidia will take a significant step towards becoming the world's first $5 trillion company.

Trump stated to reporters on Wednesday, "We will talk about the Blackwells," and referred to the chips as "super great" ahead of his meeting with Xi later this week. He even emphasized that Nvidia CEO Jensen Huang brought an enhanced version to the White House.

President Trump had previously indicated that Nvidia might consider exporting a lower-spec version of its newest artificial intelligence processor to China. This situation marks a significant policy shift and potential breakthrough in U.S.-China technology relations.

These comments have increased hopes among investors that chip trade could be part of a broader agreement aimed at reducing tensions between the world's two largest economies. Easing export restrictions would be a significant win for Nvidia and a notable concession after many years of Washington's efforts to restrict China’s access to advanced artificial intelligence technology.

Investors are currently adopting the mindset of "zero expectations for China." BofA analyst Vivek Arya noted that "any solution to trade issues will involve incremental progress."

Huang predicts that Nvidia will achieve $500 billion in GPU sales by 2026, highlighting the strength of artificial intelligence-driven demand. The company reported over $100 billion in revenue in the first half of this year, solidifying Nvidia's position at the center of the global artificial intelligence boom.

Nvidia also stated that it is collaborating with Uber to develop autonomous vehicles and is working with Eli Lilly to accelerate drug discovery using 1,000 GPUs. Other partnerships include developing 6G technology with Nokia, and collaborating with Palantir, Oracle, Cisco, and T-Mobile on artificial intelligence and telecommunications infrastructure.

The company's technology is being adopted by companies like Amazon, Foxconn, Caterpillar, and Belden to power industrial robotic systems. Nvidia has also introduced a new open system architecture, NVQLink, following its partnership with Rigetti and IonQ to support next-generation quantum supercomputers.