China, Nvidia
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TOKYO (Reuters) -U.S. President Donald Trump said he would meet with Nvidia Chief Executive Jensen Huang on Wednesday.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company's chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.
Germany's Deutsche Telekom said on Tuesday it is launching an industrial AI cloud with NVIDIA in a 1 billion euro ($1.17 billion) partnership that will go live in the first quarter of 2026.
Nvidia CEO Jensen Huang turned his company’s annual artificial intelligence conference into a chance to lavish praise on President Donald Trump on Tuesday.