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.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

The president lauded the chipmaker’s chief executive, Jensen Huang, on his Asia trip, as Nvidia pitches itself for a central role in Trump’s economic plans.

Microsoft plans to bring its total investment in the United Arab Emirates to $15 billion by the end of 2029 and has the Trump administration's approval to export Nvidia chips for its data centres there,