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Nvidia hits $4 trillion in market cap milestone despite curbs

CNBC · New
CNBC
CNBC
New

Nvidia became the first company to hit $4 trillion in market cap on Wall Street. CNBC's Martin Soong and Chery Kang talked about the report that Nvidia could launch a new AI chip designed for China to circumvent U.S. export curbs.

BreakdownGenerated by LeadStory AI
  • Nvidia becomes the first company to reach a $4 trillion market cap.
  • Nvidia's market share for AI chips in China has dropped from 95% to 50% due to U.S. export restrictions. 39s
  • Nvidia plans to launch a new AI chip, the Blackwell RTX Pro 6000, tailored for China. 1m 23s
  • The company is coordinating the chip's launch to avoid violating U.S. export controls. 2m 14s
  • Nvidia's stock has risen over 40% in the past three months despite concerns over China. 2m 55s
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