On the morning of October 29 (Beijing Time), NVIDIA convened its Graphics Technology Conference (GTC) in the U.S. capital. During the event, NVIDIA's CEO, Jensen Huang, announced that the company's fastest AI chip, the Blackwell GPU, had entered full-scale production in Arizona, with an anticipated shipment volume of 20 million units. Over the preceding four quarters, NVIDIA had already shipped 6 million units. Moreover, orders for Blackwell and Rubin chips stretching through to fiscal year 2026 have surged to $500 billion. Furthermore, NVIDIA will partner with the U.S. Department of Energy to construct seven new AI supercomputers, with the Solstice system slated to be outfitted with 100,000 Blackwell GPUs. Buoyed by this news, NVIDIA's stock price soared nearly 5% by the close of the U.S. stock market on October 28 (local time), propelling its market capitalization to $4.89 trillion, with an intraday high reaching $4.94 trillion.
