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Nvidia stock reaches all-time high as Jensen Huang joins Trump on China visit
Jensen Huang was invited by President Trump to join a delegation that already included Tim Cook and Elon Musk.
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Add us on Google by Vivian Nguyen May. 13, 2026Nvidia became the first company ever to hit a $5.5 trillion market valuation after its shares surged over 2% to a fresh all-time high on Wednesday.
The milestone came as CEO Jensen Huang joined President Trump’s delegation to China after catching a last-minute ride on Air Force One.
The billionaire was not part of the original delegation, which already included Apple’s Tim Cook and Tesla’s Elon Musk. He was later invited by President Trump, flying to Anchorage to board the presidential aircraft during a stop in Alaska.
Nvidia said his participation was at the president’s invitation to support US policy goals. The company holds more than 80% of the global AI accelerator market.
Nvidia pulled in approximately $215.9 billion in revenue for fiscal 2026, a 65% jump from the prior year. Its data center business alone accounted for $197 billion. Fourth-quarter revenue topped $68 billion, up 73% from the same period a year earlier. Gross margins in the data center segment hit 76.5% in Q4.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.