President Trump may discuss Nvidia’s Blackwell chips with China’s President Xi Jinping. Nvidia has been excluded from the Chinese market, accounting for 17% of its revenue in the last fiscal year. Shares of Nvidia surged after Trump’s comments, pushing its market capitalization over $5 trillion, a first for any company.
During his Asia trip, Trump hinted at discussing Nvidia’s Blackwell chips with Xi Jinping. While negotiations are uncertain, Nvidia seeks to re-enter China with its GPUs and unique architecture. The company’s revenues have been strong, with a recent deal with OpenAI and a stake in Intel. Nvidia aims to regain its China market share.
Investors are hopeful for Nvidia’s potential in China, as the company eyes increased profits. Before buying Nvidia stock, consider other top stock picks. The Motley Fool’s Stock Advisor team identifies promising stocks for investors, with past picks yielding high returns compared to the S&P 500. Join Stock Advisor for the latest top 10 list.
Read more at Nasdaq: President Donald Trump Just Delivered Fantastic News for Nvidia Investors
