Nvidia CEO Jensen Huang met with US President Donald Trump at the White House on Thursday July 10, reports CNBC. The meeting took place on the same day Nvidia became the first company to officially close a trading day with a market value above $4 trillion. With this milestone, the chipmaker has surpassed Apple and Microsoft, who briefly held the spot earlier. Ahead of the meeting, Trump also shared a post on his Truth Social, highlighting Nvidia’s recent stock gains. “NVIDIA IS UP 47% SINCE TRUMP TARIFFS. USA is taking in Hundreds of Billions of Dollars in Tariffs. COUNTRY IS NOW ‘BACK’,” Trump wrote.
“A GREAT CREDIT! FED SHOULD RAPIDLY LOWER RATE TO REFLECT THIS STRENGTH. USA SHOULD BE AT THE “TOP OF THE LIST.” NO INFLATION!!!,” he continued.
Trump’s comments link the chipmaker’s growth to trade tariffs imposed during his administration, though economists remain divided over the long-term impact of those policies on the US economy.
Nvidia’s market value climbs above $4 trillion
Nvidia's market value crossed $4 trillion recently. The company’s share price hit near $164, capping a run that has lifted the stock 74 percent since April’s low and around 22 percent since January. Nvidia is now the dominant weight in the S&P 500, ahead of Apple and Microsoft. Analysts at Citi, Barclays and Loop Capital all raised their price targets this week, citing demand for the upcoming Blackwell platform and a backlog of data-centre orders.
As of the New York closing bell on 10 July, Bloomberg pegged Nvidia CEO Jensen Huang’s net worth at $143 billion, up from about $20 billion in early 2022. That leap happened in stages: $44 billion by mid-2023, $117 billion in late 2024, and now the $140-plus range. The difference this year alone is bigger than the entire market value of some Fortune 500 firms.
“A GREAT CREDIT! FED SHOULD RAPIDLY LOWER RATE TO REFLECT THIS STRENGTH. USA SHOULD BE AT THE “TOP OF THE LIST.” NO INFLATION!!!,” he continued.
Trump’s comments link the chipmaker’s growth to trade tariffs imposed during his administration, though economists remain divided over the long-term impact of those policies on the US economy.
Nvidia’s market value climbs above $4 trillion
Nvidia's market value crossed $4 trillion recently. The company’s share price hit near $164, capping a run that has lifted the stock 74 percent since April’s low and around 22 percent since January. Nvidia is now the dominant weight in the S&P 500, ahead of Apple and Microsoft. Analysts at Citi, Barclays and Loop Capital all raised their price targets this week, citing demand for the upcoming Blackwell platform and a backlog of data-centre orders.
As of the New York closing bell on 10 July, Bloomberg pegged Nvidia CEO Jensen Huang’s net worth at $143 billion, up from about $20 billion in early 2022. That leap happened in stages: $44 billion by mid-2023, $117 billion in late 2024, and now the $140-plus range. The difference this year alone is bigger than the entire market value of some Fortune 500 firms.
You may also like
EastEnders Max Branning's next lover 'exposed' and it's not who you think
Terror funding: SIA raids 3 locations in J&K
Air India crash pilots may have made 'fatal error' seconds after take off, investigators claim
Mirwaiz detained ahead of July 13 Martyrs' Day, NC calls it 'unfortunate'
Wimbledon 2025: Sinner storms past injured Djokovic, to meet Alcaraz in final (Ld)
