Nvidia's Market Cap Surpasses $4 Trillion, Trump to Host CEO at White House

Nvidia CEO Jensen Huang will meet with President Donald Trump at the White House on Thursday. The meeting comes as Nvidia rose to a market cap over $4 trillion, beating Apple and Microsoft. Trump praised Nvidia stock, citing a 47% increase since tariffs were implemented. Nvidia has been grappling with export controls on AI chips for national security reasons, which have cut off sales to China. The company faces another potential restriction on AI chip exports.

Nvidia (NASDAQ:NVDA) CEO Jensen Huang is set to meet with President Donald Trump at the White House on Thursday. This meeting comes as Nvidia has reached a market capitalization of over $4 trillion, surpassing both Apple and Microsoft. The company's stock has seen a notable 47% increase since the implementation of tariffs, according to Trump's remarks.

Nvidia's market cap milestone is a significant achievement, marking the first time a company has reached this valuation. The company has benefited from the growing demand for generative AI hardware and chips, with its graphics processing units (GPUs) powering large language models like ChatGPT. Despite geopolitical tensions and ongoing chip curbs that have hampered sales to China, Nvidia's stock has continued to rise [2].

The recent rally in Nvidia shares has been driven by strong demand for its specialized and general-purpose hardware. The company's revenue has surged, with Q1 FY2026 results showing a 69% increase from the same quarter last year. Nvidia has forecasted an even stronger Q2 FY2026, with revenue figures expected to be at the $45 billion mark [3].

However, Nvidia has faced challenges due to export controls on AI chips for national security reasons. The company has stated that a recent export restriction on its H20 chips for China would cost it $8 billion in lost sales. Huang has previously emphasized that getting blocked from selling chips in China would be a "tremendous loss" for the company [2].

The meeting between Huang and Trump is expected to discuss the latest developments and potential future restrictions on AI chip exports. As the company continues to navigate geopolitical challenges, it remains to be seen how these discussions will impact Nvidia's future growth and market position.

References:
[1] https://seekingalpha.com/news/4466594-nvidia-ceo-jensen-huang-meets-trump-white-house
[2] https://www.cnbc.com/2025/07/09/nvidia-4-trillion.html
[3] https://www.neowin.net/news/nvidia-beats-microsoft-and-apple-to-4-trillion-market-cap/