Nvidia Shares Surge 5% to $222.16 Despite Confirmed Huang Exclusion from Trump Beijing Trip

Nvidia (NVDA.OQ) shares climbed nearly 5% to $222.16 on May 11, 2026, brushing off Reuters' confirmation that CEO Jensen Huang will skip President Trump’s Beijing trip. Initial reports at 15:05 UTC noted Huang's exclusion amid White House focus on agriculture and Boeing orders, with NVDA up ~2.8% intraday and Boeing rising ~1.4%. Investors deemed the news immaterial, as Nvidia’s China AI revenue is near zero under U.S. export controls, fueling the rally on global AI demand and recent record revenues. Focus now on potential post-summit chip export updates.