Nvidia has been making headlines for quite a while now.The company’s rise has been hard to miss and now, even Tesla CEO Elon Musk is weighing in. After hitting $4 trillion valuation, the AI chipmaker has overtaken tech giants like Microsoft and Apple to become the world’s most valuable company. Musk’s response to Nvidia’s high valuation climb shows just how deeply the company’s dominance is being felt across Silicon Valley and beyond.
In classic Musk-way, his reaction came as just one word, “Wow.” That’s all he posted in response to Nvidia’s $4 trillion milestone, replying to a chart shared on X that showed the chipmaker leaving Microsoft and Apple behind. It was short. But coming from someone who’s building his own AI infrastructure at Tesla and xAI, that one-word says a lot about Nvidia’s position in the current tech landscape and maybe even hints at how closely Musk is watching the chip race unfold.
Following the success of Nvidia’s world valuation, the company went on to seek approval from Trump administration for resuming business in China. This broke out directly from the company’s blogpost, stating that, “Nvidia is filing applications to sell the Nvidia H20 GPU again. The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon.”
READ: Nvidia becomes world’s first $4 trillion company (July 10, 2025)
If that goes through (which it likely will), it could bring back billions in lost orders. This is a big deal because China was a huge market for Nvidia, and the stock already jumped after the news dropped. Nvidia got the green light. The U.S. will grant licenses allowing H20 chip exports to China, reversing the export ban that froze billions in sales.
On the same day, Nvidia also introduced a new compliant GPU (RTX PRO) tailored for industrial AI use under export rules. It’s a major diplomatic win for the company, signaling smoother access to a massive market and a powerful signal about how geopolitics continues to shape the AI hardware race.
Nvidia is going all in on making AI hardware in the U.S. for the first time. It’s already kicked off production of its latest Blackwell chips at a TSMC facility in Phoenix, Arizona. And now, it’s setting up massive new sites in Texas to assemble full-blown AI supercomputers, with Foxconn in Houston and Wistron in Dallas to bring that vision to life.
The company’s planning to pour as much as $500 billion into this effort over the next few years. It’s not just about making chips, now it’s about building out a solid U.S.-based supply chain, ramping up production capacity, and creating hundreds of thousands of jobs across the country.
READ: Trump allows Nvidia to resume business with China (July 15, 2025)
Beyond the U.S., Nvidia is expanding fast globally too. It’s eyeing a huge new AI campus just outside Haifa in Israel, following the success of its supercomputing hub in Yokne’am. All of this seems to fit into Nvidia’s broader strategy: build AI infrastructure not just in Silicon Valley, but everywhere.
Coming to products, the company is already shipping “Blackwell Ultra,” a next-gen chip upgrade that’s starting to power data centers worldwide. It’s fast, powerful, and showing up in places where AI workloads are exploding.
Wall Street is taking notice. Analysts say that if Nvidia’s stock climbs just 25% more, it could reach a $5 trillion market cap and looking at the momentum, that’s not a stretch. With its China business back, its U.S. expansion in full swing, global growth plans underway, and almost every major AI player relying on its tech, Nvidia isn’t just staying ahead of the curve. It’s laying down its own path for its kingship position in the global market.