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Nvidia CEO Boards Air Force One, Shares Jump 17%

5/14/2026

49 8 Full Breakdown

Summary

Huang Boards

Nvidia CEO Jensen Huang boarded Air Force One after U.S. President Donald Trump invited him.
Nvidia plans to sell H200 chips to China for a 25% fee, yet Secretary Howard Lutnick said no shipments have occurred because officials have not approved purchases.
Nvidia’s shares jumped 17% to $220.78, lifting its market value to about $5.3 trillion, and rose roughly 2% in after-hours trading.

Summary

Huang Tops Riches

Jensen Huang’s net worth reached $191.5 bn on Monday, making him the seventh-richest person and surpassing Michael Dell.
Jensen Huang serves on U.S. President Donald Trump’s Council of Advisors on Science and Technology with Mark Zuckerberg and Larry Ellison.
The summit was postponed from March because of the U.S.–Iran war, a conflict U.S. President Donald Trump and China will discuss.

History

Historical Context

In the mid-1990s, President Bill Clinton pushed federal internet adoption, launching the first official White House website in 1994 and issuing a 1996 executive order mandating agency use of information technology. That tech-focused precedent underlies today’s invitation of Nvidia CEO Jensen Huang to Air Force One, echoing the administration’s pattern of using high-tech leaders to shape U.S. trade and security policy.

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Huang Boards

Nvidia CEO Jensen Huang boarded Air Force One after U.S. President Donald Trump invited him.
Nvidia plans to sell H200 chips to China for a 25% fee, yet Secretary Howard Lutnick said no shipments have occurred because officials have not approved purchases.
Nvidia’s shares jumped 17% to $220.78, lifting its market value to about $5.3 trillion, and rose roughly 2% in after-hours trading.

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