Investor attention is centered on the scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping, where the topic of NVIDIA's advanced Blackwell AI processors is expected to be discussed. The talks, set for October 30, carry significant weight for NVIDIA, as U.S. export controls have largely barred the company from selling its most powerful chips to the lucrative Chinese market. The anticipation of a potential easing of these restrictions has already fueled market optimism. News of the planned discussion contributed to a surge in NVIDIA's stock price, helping push the company's market capitalization past the historic $5 trillion mark on October 29. Analysts suggest that any relaxation of the export ban could provide a significant revenue boost for NVIDIA, which currently has minimal sales expectations from China for its high-end AI chips.
NVIDIA in Focus as U.S. and China Presidents to Discuss AI Chip Export Controls
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