Nvidia stock is rising as the company continues to make waves in AI. Apple is currently behind Nvidia with a market capitalization of $4 trillion, followed by Microsoft, Google’s parent company, Alphabet, Amazon and Meta.
Nvidia crossed the $5 trillion mark after announcing the deal buy Nokia shares for a billion dollarsand a partnership that will facilitate it develop “AI-native” 5G-Advanced and 6G mobile networks.
Stocks continued to rise after President Donald Trump left office he said on Tuesday that it plans to talk to Chinese President Xi Jinping about Nvidia’s powerful Blackwell AI chip, which is currently prevented from being sold in the country by export controls.