IREN made another major announcement on May 14, closing its offering of $3 billion aggregate principal amount of 1.00% convertible senior notes due 2033. Key details of the transaction include: $2.6 billion offering,

“Even a little bit of China disappointment is enough to cause ripples throughout the industry,” an analyst says.

Owning NVIDIA (NASDAQ:NVDA) for the next decade is a defensible decision for a retirement portfolio that wants one piece of the AI buildout and never wants to think about it again, and the path from a $5.

Nvidia is set to report earnings after the closing bell Wednesday, with traders anticipating a big move in the chipmaker's stock that could take it to new highs.

President Donald Trump has filed a disclosure showing massive buying and selling of U.S. stocks, index funds and other securities, including purchasing at least $1 million in shares of Boeing and Nvidia as those companies expect to score new business during his trip to China.

For years, Washington treated advanced AI chips like strategic weapons. The U.S. tightened export controls, China accelerated domestic chipmaking, and companies caught in the middle — especially Nvidia (NASDAQ:NVDA) — watched billions of dollars in potential revenue sit behind regulatory walls.

Nvidia's market cap is now just shy of $5.7 trillion, up from $4.7 trillion as of market close last Tuesday.

Nvidia director and venture capitalist Mark Stevens and his wife Mary are donating $175 million to establish the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University that will be the first new medical school in the San Francisco Bay Area in more than 100 years—10 days after the couple committed $200 million to the University of Southern California to fund its AI research.

The AI chipmaker now ranks behind only gold as the world's most valuable asset -- and the next big milestone may not be far off.

The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies.

NVIDIA (NASDAQ: NVDA | NVDA Price Prediction) closed its fiscal year on Feb. 25, 2026 with $68.13 billion in Q4 revenue, up 73.2% YoY. Alphabet (NASDAQ: GOOG) followed in late April with $109.90 billion in Q1 revenue and a $460 billion Cloud backlog.

Some investors fear Nvidia stock has peaked. That could be a costly error.