Nvidia CEO Jensen Huang revealed the chipmaker has visibility into "half a trillion dollars" in revenue, driven by soaring AI chip demand.

AIR FORCE ONE/GYEONGJU, South Korea (Reuters) -U.S. President Donald Trump said on Wednesday he will speak to Chinese President Xi Jinping about Nvidia 's state-of-the-art Blackwell artificial intelligence chip at their expected meeting on Thursday.

At the company’s annual developers confab, Huang mentioned several times that half of the world’s AI researchers come from China.

China releases a more subdued version of the meeting, which says both sides have reached a consensus to resolve "major trade issues".

The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.

Trump signals potential China tariff cuts & Nvidia AI chip sales. Learn about US-China relations, APEC summit, and tech policy before the Trump-Xi meeting. Click to discover more!

Nvidia became the first company ever to be valued at $5 trillion. Hopes for a détente with China helped drive it past the milestone. Nvidia still has a lot more ways it can grow. Nvidia (NASDAQ: NVDA) just hit another in a long list of milestones.

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