Jensen Huang, CEO of Nvidia, speaks through the Viva Know-how convention devoted to innovation and startups at Porte de Versailles exhibition heart in Paris, France, on June 11, 2025.
Gonzalo Fuentes | Reuters
Nvidia inventory rose for a fifth consecutive day Friday because the chipmaker hovered close to contemporary highs and buyers shook off China issues.
The rise in shares has helped the artificial intelligence chipmaking big regain its seat because the most valuable company.
The inventory is up 66% since hitting its 52-week low in early April. Its market capitalization final stood at about $3.8 trillion, placing it forward of Microsoft and Apple.
Wedbush Securities analyst Dan Ives estimated that each Nvidia and Microsoft will hit the $4 trillion market cap membership this summer time, and attain $5 trillion over the following 18 months.
Nvidia had a tough begin to 2025 as fears of tariffs and China export controls on semiconductors dampened sentiment. Earlier this 12 months, the Trump administration informed Nvidia that it will want an export license to ship its H20 processors to China. The chip was launched following guidelines shared by the Biden administration.
CEO Jensen Huang raised issues about getting locked out of the huge $50 billion China market and stated the adjustments successfully reduce off gross sales with out a “grace interval.” He stated Nvidia’s latest quarterly outcomes would have been higher if the corporate may promote chips on the planet’s second-largest economy.
Nvidia held its annual shareholder assembly on Wednesday, the place Huang known as robotics the biggest opportunity for the chipmaker after AI. The corporate’s enterprise unit, which incorporates automotive and robotics segments, reached $567 million in gross sales, or about 1% of revenues final quarter.
“We’re working in the direction of a day the place there shall be billions of robots, a whole lot of thousands and thousands of autonomous automobiles and a whole lot of 1000’s of robotic factories that may be powered by Nvidia know-how,” he stated.
