The article discusses Nvidia’s impressive stock rally, which pushed its market capitalization above $1 trillion, making it the seventh U.S. public company to achieve this milestone. The surge was fueled by optimism surrounding Nvidia’s artificial intelligence (AI) capabilities and the potential for its chips to power AI systems. However, the broader stock market faced headwinds as retail sales data for May fell short of expectations, raising concerns about consumer spending and economic growth. The disappointing retail sales figures added to existing worries about the Federal Reserve’s interest rate policy and its impact on the economy. Despite the mixed economic signals, Nvidia’s remarkable performance highlighted the growing importance of AI technology and the company’s leading position in this rapidly evolving field.