Nvidia's stock surged to $164.42, pushing its valuation briefly to $4 trillion, which is higher than the GDP of France, the UK, or India. The company is benefiting from increased enthusiasm for AI, helping the wider stock market recover after downturns linked to tariffs announced by Trump. In early 2025, Nvidia faced challenges from China's DeepSeek, resulting in a $600 billion loss in valuation in one day. Despite a considerable $4.5 billion impact from US export controls, Nvidia reported nearly $19 billion in earnings recently.
Shortly after the US stock market opened on Wednesday morning, Nvidia's stock price surged to $164.42. This pushed it briefly to a valuation of $4 trillion, a market value greater than the GDP of France, the UK, or India.
In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from US government export controls which limit chip sales to China.
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