Nvidia s rose for a fifth consecutive day toward new highs as investors shrugged off China export fears.
The rise in s has helped the AI chipmaking giant regain its seat as the most valuable company with a market value of $3. 8 trillion.
CEO Jensen Huang raised concerns getting locked out of the massive $50 billion China market.
In this articleNVDA your favorite stocksCREATE FREE ACCOUNTJensen Huang, CEO of Nvidia, speaks during the Viva nology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025.
Gonzalo Fuentes | ReutersNvidia stock rose for a fifth consecutive day Friday as the chipmaker hovered near fresh highs and investors shook off China concerns.
The rise in s has helped the artificial intelligence chipmaking giant regain its seat as the most valuable company. The stock is up 66% since hitting its 52-week low in early April.
Its market capitalization last stood at $3. 8 trillion, putting it ahead of Microsoft and Apple.
Wedbush Securities analyst Dan Ives estimated that both Nvidia and Microsoft will hit the $4 trillion market cap this summer, and reach $5 trillion over the next 18 months.
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Earlier this year, the Trump administration told Nvidia that it would need an export license to ship its H20 cessors to China. The chip was introduced ing rules d by the Biden administration.
CEO Jensen Huang raised concerns getting locked out of the massive $50 billion China market and said the changes effectively cut off sales without a "grace period.
" He said Nvidia's recent quarterly results would have been better if the company could sell chips in the world's second-largest economy.
Nvidia held its annual holder meeting on Wednesday, where Huang called robotics the biggest opportunity for the chipmaker after AI.
The company's unit, which includes automotive and robotics segments, reached $567 million in sales, or 1% of revenues last quarter.
"We're working towards a day where there will be billions of robots, hundreds of millions of autonomous vehicles and hundreds of thousands of robotic factories that can be powered by Nvidia nology," he said.
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