NVIDIA's value reached the $5 trillion mark for the first time Wednesday, again breaking

the record for the highest ever market capitalization in the history of publicly traded

companies, as its stock rallied following news that sent a billionaire CEO Jensen Wong is

joining President Donald Trump's trip to China.

NVIDIA's market cap reached just over $5.5 trillion as shares surged 3% as of early afternoon.

The rise in shares was accompanied by news that Wang was traveling with Trump to China,

where the president will meet with Chinese President Xi Jinping following earlier

reports that said he was not invited.

Nvidia's rise in shares further cemented its role as the most valuable company in the world,

placing itself well above its closest competitors in Google and Apple.

Nvidia's shares are up nearly 20% in the last month and have

reached the $220 mark, a far cry from March 30th, when the stock reached its lowest point

of the year at $165.17 a share. Wang's estimated net worth jumped $5.4 billion on Wednesday, reaching $196.1 billion.

The benchmark makes him the seventh most wealthy person in the world. Meta-Chief Mark Zuckerberg

and Oracle co-founder Larry Ellison are directly ahead of him in the rankings.

Invidia will report first quarter earnings for fiscal year 2026 next week, as the company

expects $78 billion in revenue.

The AI Darling recorded $68 billion in sales in its fourth quarter, a 73% year-over-year increase, largely driven by surging

data center revenue that accounted for over 91% of Nvidia's sales.

The company has entered several new partnerships this year, including one with Meta,

that allows the social media company to use Nvidia's AI chips and hardware.

Meta announced earlier this year it plans to spend between $125 billion and $145 billion on AI,

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