US EditionNvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
Nvidia's AI-driven chip sales surged with $500 billion in bookings, making it the first $5 trillion company, surpassing the combined value of its top competitors.
- 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.
408 Articles
408 Articles
Zero Hedge
LewRockwell.comIs AI A Catalyst For Growth... Or For Collapse?
Is AI A Catalyst For Growth... Or For Collapse? Authored by Charles Hugh Smith via OfTwoMinds blog, Yes, AI is a catalyst. But for what is not yet knowable. The current narrative holds that the big problem we need to solve is conjuring up cheap energy to power AI data centers. Fortunately for us, the solutions are at hand: building modular nuclear power plants at scale and tapping North America's vast reserves of cheap natural gas. Problem solve…
Nvidia earnings captivate investors as fears of AI bubble grow
The NVIDIA logo is displayed on a mobile phone with the company branding visible in the background. Jonathan Raa/NurPhoto via Getty Images (NEW YORK) — Financial results to be released on Wednesday by chipmaking-giant Nvidia will be closely watched as a bellwether for the stock market and the overall economy, which have both come to rely on massive spending on artificial intelligence to propel continued growth. The latest test for the world’s mo…
Coverage Details
Bias Distribution
- 49% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
