US EditionNvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
- On Wednesday Nvidia became the first $5 trillion company, reaching that milestone three months after breaking the $4 trillion barrier.
- Last month Nvidia announced a $100 billion investment in OpenAI to add at least 10 gigawatts of AI data centers, fueled by ravenous chip demand driving rapid stock gains since early 2023.
- Major orders and government partnerships are supporting the valuation as Jensen Huang disclosed $500 billion in chip orders Tuesday, with deals involving Uber, Nokia, and the Department of Energy.
- Geopolitical and regulatory scrutiny has intensified as Bank of England officials earlier this month warned of a possible AI-driven stock bubble, and President Donald Trump plans to discuss Nvidia chips with Xi on Thursday.
- The International Monetary Fund pointed to comparisons with national GDPs as Nvidia's value surpasses India, Japan and the United Kingdom, underscoring the biggest tech shift since Steve Jobs unveiled the first iPhone 18 years ago.
383 Articles
383 Articles
Moneycontrol
The Hindu Business LineNvidia is worth $5 trillion. Here’s what it means for the market
The chipmaker at the heart of the AI revolution is not only by far the biggest company on the planet, it also may be the most influential stock in Wall Street history
Nvidia Becomes First Company to Rise Above $5 Trillion Market Cap
Nvidia reaches new heights as the world’s most valuable company. Credit: Amir Shtanger / CC BY-SA 4 Nvidia on Wednesday became the first company in history to top a $5 trillion market valuation at the start of the trading day and hold on to it through the close. The company reached the milestone after comments from President Trump on Wednesday, ahead of a planned meeting with CEO Jensen Huang added to optimism around prospects for Nvidia’s sales…
NVIDIA has set up a new record in the financial markets, becoming the first company quoted in box to cross the mark of $5 billion in market capitalisation. This highlights its...
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