Trump’s $1.3M Stake in Nvidia Pays Off as Stock Hits $5T

President Donald Trump’s personal investment in Nvidia is paying off handsomely as the company became the world’s first to be valued at $5 trillion. Trump, who disclosed owning up to $1.3 million in Nvidia shares, has been a vocal supporter as the chipmaker’s market cap hit $5.05 trillion on Wednesday.
Trump praised CEO Jensen Huang as an “incredible guy” and has frequently touted Nvidia as a “success story.” He is also actively working to boost the company, stating he will speak with China’s President Xi Jinping about allowing Nvidia to sell less-powerful chips to the country.
This political endorsement comes as Nvidia dominates the AI market. The “ravenous appetite” for its chips propelled its value from $4T to $5T in just three months. Its valuation now eclipses the individual GDPs of India, Japan, and the UK.
The company’s fundamentals appear strong, with a $500 billion order book. It also just announced a $100 billion investment in OpenAI, a robotaxi deal with Uber, and a $1 billion 6G partnership with Nokia.
Despite the President’s optimism, regulators are wary. The Bank of England and the IMF have both warned that the AI-driven stock boom is showing signs of a bubble. They worry that the “circular” nature of deals and the high failure rate of corporate AI projects mean these valuations are not based in reality.