Sales in China accounted for 17% of Nvidia's revenue in fiscal 2025, so the company's ability to sell in Asia is a big deal. But now, President Donald Trump has given Nvidia hope, and shares of its stock have rocketed higher, pushing Nvidia to a $5 trillion market capitalization -- a first for any company.

Nvidia share price on Monday rose over three per cent as the $5 trillion company's chips get a major thumbs up from U.S. President Donald Trump's Federal government. NVDA stocks jumped at Nasdaq to $208.

Nvidia, now the world’s most valuable company by market capitalisation, produces chips that are central to powering AI systems globally, from self-driving cars to defence technologies.

Nvidia CEO Jensen Huang doesn’t have any qualms about advertising his personal relationship with President Donald Trump, which has helped secure his company some valuable policy victories. Huang talked up Trump’s policies at Nvidia’s tech conference in Washington, and during a Q&A with reporters revealed that Trump calls him at night.