Well, Jensen Huang is no astronaut, but he’s also no stranger to pricey gadgets, and the blistering success of Nvidia has his chipmaking behemoth hurtling toward uncharted space: a $6 trillion market capitalization.

Shares of NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) are trading at $236 in Thursday afternoon action, up 4.5% on the session. The move extends a rally that has lifted the chipmaker 20% over the past month and 27% year to date.

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the

Nvidia shares keep hitting new highs. The AI chip leader's stock was up over 4% in recent trading, leaving it on track to close at a fresh high topping yesterday's record. It was one of the best-performing stocks in the Dow Jones Industrial Average,

But Reuters says NVIDIA has yet to make any deliveries.

NVIDIA stock hit a record $236.46 on the CEO's latest remarks & after Washington cleared H200 chip sales to Alibaba, Tencent, ByteDance & JD.com.

For the past two years, the artificial intelligence boom has been shaped as much by politics as technology. Washington tightened export controls, while Beijing pushed for self-reliance. And investors in Nvidia (NASDAQ:NVDA) watched one of the company’s largest growth markets turn into a geopolitical chessboard.

Chinese AI model developers are back in the spotlight, after Nvidia Corp. (NASDAQ:NVDA) Chief Executive Jensen Huang joined President Donald Trump's trip to Beijing and fueled investor hopes that China's leading AI firms could possibly gain wider access to Nvidia's advanced chips.