17:28 - 29.10.2025

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October 29, Fineko/abc.az. On October 28, U.S. President Donald Trump has stated about his intention to discuss Nvidia chips with artificial intelligence with Chinese leader Xi Jinping.

ABC.AZ reports that this is stated in the CNBC information. Despite the fact that their meeting is expected only on October 30, this news has become a catalyst for growth of company's securities. Against this background, Nvidia securities closed at $201.03 on October 28, thereby adding 4.98% to the close of the main trading session.

Meanwhile, company's market capitalization is approaching a record of $5 trillion, helped by a series of recent deals, Bloomberg writes. One example of such deals is Nvidia-OpenAI agreement, under which OpenAI will build AI data centers, and Nvidia will supply millions of processors and invest $100 bn in OpenAI.