NVIDIA becomes first company ever to hit $4 trillion mark
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Huang plans to meet top officials, including the commerce minister, while attending the International Supply Chain Expo in Beijing next week.
A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.
Nvidia Wednesday became the world's first public company to achieve a $4 trillion market value. The success of the U.S. chipmaker, which finished the day at $3.97 trillion, has been buoyed by skyrocketing global demand for artificial intelligence, for which Nvidia is "building the bulk of the hardware," said CNBC.
If China isn't able to import these chips, it could be that China is ready to make its own. Given Nvidia boss Jen-Hsun Huang has commented on the country's growing capabilities, China might be getting ready to fill its data centres with its own AI chips in the near future.
Nvidia has hit $4 trillion market value, driven by its AI chips. The company has surpassed long time tech giants like Microsoft and Apple.
China plans to deploy 115,000 Nvidia chips in Xinjiang data centers, defying U.S. export curbs amid AI ambitions.
Chinese tech firms have laid out plans to install more than 115,000 Nvidia (NASDAQ:NVDA) AI chips in at least three dozen data centers across remote western provinces, including a massive compound in Xinjiang,
Nvidia (NASDAQ:NVDA) has been a standout performer in 2025, climbing 18% year-to-date, driven by its dominance in the artificial intelligence (AI) chip market. After delivering staggering returns in recent years,