AsianFin -- Nvidia’s market capitalization has surged to $4.17 trillion, eclipsing Japan’s projected GDP for 2024.

This milestone comes as CEO Jensen Huang makes his third visit to China this year—a rare frequency among global business leaders in recent years.

A consistent theme has run through Huang’s three visits: the immense strategic value of the Chinese market. According to his projections, China will account for nearly 40% of global demand for AI chips over the next three years. For Nvidia, missing out on this market would be tantamount to forfeiting the future of the industry.