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.
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350 Articles
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...
Jensen Huang Says Nvidia Has Visibility Into 'Half A Trillion Dollars' In Revenue As It Surpasses Apple, Microsoft To Hit $5 Trillion Valuation - NVIDIA (NASDAQ:NVDA)
On Wednesday, Nvidia Corp. (NASDAQ:NVDA) became the world's first company to reach a $5 trillion market capitalization, overtaking both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT), as CEO Jensen Huang revealed unprecedented demand for its artificial intelligence chips. Nvidia Hits Historic $5 Trillion Milestone Nvidia shares jumped more than 14% in the last five days, according to Benzinga Pro. Apple and Microsoft now trail behind…
Californian society, which manufactures the fleas necessary for the revolution of artificial intelligence, has become the first in history to overcome this symbolic course. It alone weighs twice as much as the whole CAC 40.
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