Nvidia Becomes First Company to Hit $5 Trillion Market Cap as AI Boom Continues

Nvidia hits record $5 trillion mark as CEO dismisses AI bubble concerns

On Wednesday, Nvidia became the first company in history to reach a $5 trillion market capitalization, fresh on the heels of a GTC conference keynote in Washington, DC, where CEO Jensen Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the US government. The milestone comes a mere three months after Nvidia crossed the $4 trillion mark in July, vaulting the company past tech giants like Apple and Microsoft in market valuation but also driving continued fears of an AI investment bubble. Nvidia's shares have climbed nearly 12-fold since the launch of ChatGPT in late 2022, as the AI boom propelled the S&P 500 to record highs. Shares of Nvidia stock rose 4.6 percent on Wednesday following the Tuesday announcement at the company's GTC conference. During a Bloomberg Television interview at the event, Huang dismissed concerns about overheated valuations, saying, "I don't believe we're in an AI bubble. All of these different AI models we're using -- we're using plenty of services and paying happily to do it." Nvidia expects to ship 20 million units of its latest chips, compared to just 4 million units of the previous Hopper generation over its entire lifetime, Huang said at the conference. The $500 billion figure represents cumulative orders for the company's Blackwell and Rubin processors through the end of 2026, though Huang noted that his projections did not include potential sales to China. While it probably feels like glory days for Nvidia at the moment, the success comes with a large dose of caution. Even prior to the latest valuation boom of the past 24 hours, the rapid rise in AI-related investments has fueled persistent concerns that market enthusiasm has outstripped the technology's ability to deliver immediate economic value. Some analysts warn that valuations may be overheated. Matthew Tuttle, CEO of Tuttle Capital Management, told Reuters that "AI's current expansion relies on a few dominant players financing each other's capacity. The moment investors start demanding cash flow returns instead of capacity announcements, some of these flywheels could seize."

Nvidia's market capitalization hits $5.12 trillion -- AI powerhouse is the first company in history to hit seismic milestone

The market capitalization of Nvidia passed the $5 trillion mark on Wednesday, following a host of potentially lucrative deals and projects the company announced at its GPU Technology Conference event on Tuesday. The company's stock price continues to be driven by the broad interest towards artificial intelligence and Nvidia's unique position in the AI supply chain that now spans from humble chips for inference to gigawatt-scale data centers for massive AI training. At its GTC 2025 conference in Washington, D.C., Nvidia made a number of announcements that could potentially bring tens, if not hundreds, of billions of dollars in revenue to the company in the coming years. Among the highlights announced by Nvidia are reference designs for gargantuan gigawatt-scale AI data centers that will let newcomers to build new AI factories using Nvidia blueprints and hardware; partnership with Palantir to build an integrated stack for operational AI; the deal with Uber to use Nvidia's Level 4 AGX Drive Hyperion platform for its fleet of autonomous robotaxis as well as adoption of the same platform by Mercedes, Stellantis, Volvo, Lucid, and Foxconn; NVQLink technology to attach Nvidia GPUs to quantum computers; partnership to build AI-RAN products with Nokia; contracts to build seven AI supercomputers for the U.S. government; and plans to build AI-native 6G networks in the U.S. together with partners. The new announcements place Nvidia at the center of the large-scale AI supply chain, which will drive demand for the company's hardware and software solutions. Nvidia's AI platform comprises numerous products, including GPUs, CPUs, DPUs, NVLink switches, and Ethernet and Infiniband solutions. If one wants to build an Nvidia-based cluster or data center for AI, they will inevitably procure plenty of Nvidia-designed hardware and software to build it and operate it. While for now Nvidia supplies AI hardware to companies like AWS, Alphabet, Google, Microsoft, OpenAI, and xAI, in the coming years, it is going to expand its total addressable market to both established players across industries (e.g., Lilly is already building its own AI data center) and new players that have yet to become significant in their realms. Even established companies are increasing their demands for AI GPUs. For example, Nvidia supplied about four million Hopper-based AI GPUs throughout the architecture's active lifetime, and shipments of Blackwell stand at six million units now and yet have to peak. With new participants entering the AI field, sales of Nvidia's hardware are poised to skyrocket. Nvidia's unique position in the growing AI supply chain places it well above other semiconductor and high-tech companies as far as market capitalization is concerned. The company at press time cost over a trillion dollars more than Apple ($4.011 trillion) and Microsoft ($3.995 trillion), nearly two trillion dollars more than Alphabet ($3.257 trillion), and two times more than Amazon ($2.444 billion). Interestingly, TSMC -- the key supplier to Nvidia that produces all of its silicon -- now has a market capitalization of $1.582 trillion, whereas ASML -- the key supplier to TSMC -- now costs $416.5 billion. Market capitalization of Nvidia's traditional rivals -- AMD and Intel -- stands at $429 billion and $197 billion, respectively.

Nvidia poised to become world's first $5tn company

Nvidia is set to become the world's first $5tn company after the US chip giant's stock was propelled by strong sales of its artificial intelligence systems and the prospect of expanded access to the Chinese market. The Silicon Valley-based company, which has been the biggest beneficiary of booming AI investment, was more than 3 per cent higher in pre-market trading on Wednesday, enough to push it over a $5tn market capitalisation when the market opens in New York. US President Donald Trump said on Wednesday that he planned to discuss Nvidia's Blackwell chip with China's President Xi Jinping when the two leaders meet later this week, raising the prospect that Nvidia could regain access to a lucrative market for its semiconductors. Nvidia's current generation of graphics processing units is not currently available in China because of US export controls. The chipmaker's shares had closed up 5 per cent on Tuesday, adding more than $200bn to its market capitalisation, after chief executive Jensen Huang said Nvidia had already secured half a trillion dollars in orders of its AI chips "so far" for the next five quarters. The stock milestone comes just three months after Nvidia became the first public company to hit a $4tn market capitalisation, and as shares in other US tech groups have also rocketed to record highs in recent months. Apple hit a $4tn valuation for the first time on Tuesday, while Microsoft hit the benchmark again after previously reaching it in July, propelled by the restructuring of OpenAI, in which it has a 27 per cent stake. Three years ago, before the debut of OpenAI's ChatGPT, Nvidia was valued at about $400bn. Its stock has grown explosively since then, fuelled by demand for its AI chip technology, which dominates the market for training and running large language models such as OpenAI's. The AI chipmaker surpassed $1tn in market value within months of ChatGPT's launch, hitting $2tn in February 2024 and $3tn in June last year. Nvidia's shares have risen more than 85 per cent in the past six months alone. Confidence in Nvidia's ability to sustain its growth has been boosted by a barrage of long-term, multibillion-dollar deals around the world this year to build the vast data centre infrastructure to train and run artificial intelligence models. "I think we are probably the first technology company in history to have visibility into half a trillion dollars of cumulative Blackwell and early ramps of Rubin through 2026," Huang said on Tuesday, referring to its current generation of chips and new chips it is set to launch next year. Bernstein analysts said Huang's projection meant Nvidia was on course for well over $300bn in chip sales in the 2026 calendar year, compared with Wall Street expectations of $258bn. The chipmaker's growth has been driven by huge spending by a small group of large tech companies seeking to build the infrastructure to power AI models. But Nvidia's competitors, including its own customers, are looking to seize a larger share of that hardware market. Nvidia has also moved to pump billions of dollars into its own customers, including a planned $100bn investment in OpenAI announced in September, raising questions about the circular financing arrangements used by the companies driving the AI boom. Capital spending by the top six cloud computing companies alone -- Amazon, Meta, Google, Microsoft, Oracle and CoreWeave -- would rise to $632bn by 2027, Huang said. Nvidia's growth has come despite tensions between Washington and Beijing this year that have choked off its access to China, costing the chipmaker billions of dollars in revenue from China-specific AI chips that were designed to comply with US export controls. Beijing in turn has mounted a backlash against Nvidia's chips as it seeks to decouple itself from American chip technology. On Tuesday, Huang conceded that Nvidia was locked out of the China AI chip market for now and would need to "wait until [China] wants us to be there". "Do they want to be open market or selectively open market?" asked Huang. "That's a question that they have to answer." Nvidia is also waiting for a 15 per cent revenue-sharing deal with the US government, struck earlier this year to allow it to continue exporting its chips to China, to be codified into a law. Huang has forged a close relationship with Trump, confirming this week that he had contributed to the US president's roughly $300mn White House ballroom project.

Chipmaker Nvidia on track to become first $5 trillion company

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.80 in premarket trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. On Tuesday Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. The company is also teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. Multiple media reports state that President Donald Trump is likely to speak with Chinese President Xi Jinping about Nvidia's chips on Thursday.

Nvidia becomes the first $5 trillion public company in history

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. Update, October 29: Nvidia hits $5 trillion market cap just three months after topping $4 trillion Nvidia has become the world's first publicly traded company to surpass a $5 trillion valuation, climbing to $5.13 trillion in early morning trading, just three months after crossing the $4 trillion mark. The record-setting jump follows CEO Jensen Huang's disclosure at this week's GTC keynote that Nvidia has secured more than $500 billion in AI chip orders through 2026. While this provides an unprecedented level of revenue visibility for a technology firm, it's also called into question the dense network of deals between companies that depend on Nvidia, triggering criticism of so called circular investment, a classic warning sign of a market bubble. The company's stock has risen more than 50% in 2025 and over 85% in the past six months, fueled by global investment in AI infrastructure where Nvidia is a sole major player. Nvidia's Blackwell GPUs remain the backbone of hyperscale data center buildouts, with the company controlling an estimated 90% of the market for high-performance AI chips. Nvidia also announced expanded domestic manufacturing in Arizona and new partnerships with Nokia and Oracle to support telecommunications and federal supercomputing projects. Apple and Microsoft each rejoined the $4 trillion club this week, but Nvidia's latest surge has set a new benchmark for market leadership in the AI era. Update, July 9: Nvidia becomes the world's first $4 trillion public company, surpassing Apple's record Nvidia has become the first publicly traded company to reach a $4 trillion market valuation, underscoring its position at the center of the generative AI market. Its chips are used in the data centers that support AI models and cloud services from major firms like Microsoft, Amazon, and Google. The company's stock has risen about 20% this year, driven by sustained demand for AI infrastructure. This development also marks a shift in market leadership. Nvidia surpassed both Apple and Microsoft, which had previously alternated as the most valuable companies. Apple, which started the year near a $3.9 trillion valuation, has declined amid broader market and policy concerns. Meanwhile, Nvidia reported $44.1 billion in revenue for the quarter ending in April, a 69% increase from the prior year, reflecting continued growth in AI-related demand. The original story from July 4th follows below: Nvidia came within striking distance of setting a new record for the most valuable company in history on Thursday, as its market capitalization soared to $3.92 trillion during intraday trading, just shy of the $4 trillion mark. The chipmaker's rapid ascent, fueled by relentless demand for its advanced AI chips, briefly pushed it past Apple's previous record closing value of $3.915 trillion set in late 2024. By the end of the trading session, Nvidia's value settled at $3.89 trillion, slightly below the all-time high but still underscoring its extraordinary run. "When the first company crossed a trillion dollars, it was amazing. And now you're talking four trillion, which is just incredible. It tells you that there's this huge rush with AI spending and everybody's chasing it right now," Joe Saluzzi, co-manager of trading at Themis Trading, told Reuters. The surge in Nvidia's stock reflects a broader wave of optimism on Wall Street about the future of AI. The company's latest chips have become essential for training and running the largest and most sophisticated AI models, fueling a race among technology giants to build powerful data centers and dominate the next era of computing. Microsoft, Amazon, Meta, Alphabet, and Tesla are all competing to expand their AI infrastructure, and Nvidia's specialized hardware sits at the heart of this transformation. According to LSEG data, Nvidia's current valuation now exceeds the combined market capitalization of all publicly listed companies in Canada and Mexico, and even surpasses the total value of all publicly traded firms in the United Kingdom. Four years ago, the company was valued at $500 billion and was largely known for its graphics technology used in video games. Since then, its market capitalization has grown nearly eightfold, propelled by the explosive growth in AI applications and the company's ability to deliver the high-performance chips that power them. The company's financial performance has been equally impressive. In the most recent quarter, Nvidia reported $44.1 billion in revenue, a 69 percent increase from the previous year, with data center sales alone contributing $39.1 billion. This puts Nvidia on track to approach $170 billion in annual revenue for fiscal 2026, up from $130.5 billion in 2025. Analysts expect the company's next-gen Blackwell Ultra GPUs to further accelerate growth, with Wall Street anticipating that Nvidia could soon reach, and potentially surpass, the $4 trillion market cap milestone. Nvidia's rise has also reshaped the broader stock market. The company now represents a significant portion of the S&P 500 index, and its performance has left many investors, including those saving for retirement through index funds, increasingly exposed to the fortunes of the AI sector. Microsoft, currently valued at $3.7 trillion, and Apple, at $3.19 trillion, round out the top three most valuable companies. But Nvidia's momentum has set a new benchmark for what is possible in the technology industry. Despite its dominance, Nvidia faces challenges, including ongoing trade restrictions that limit the sale of its most advanced chips to China, as well as rising competition from rivals developing custom AI hardware. However, the company's innovation pipeline remains robust, with expansion into new markets such as autonomous vehicles and physical AI systems, signaling that its influence in the tech world is likely to persist.

Nvidia Becomes First $5 Trillion Company as AI Demand Surges

Nvidia today became the first public company to reach a $5 trillion market capitalization, hitting the milestone 3.5 months after surpassing $4 trillion. Over the past week, Nvidia's shares have climbed 14.5 percent due to demand for its GPUs and the possibility that it might be able to sell its most advanced chips in China. As of now, the U.S. prevents Nvidia from selling its Blackwell AI chips to China, and China has also restricted Chinese companies from importing some Nvidia chips because of national security concerns. Trump said that he would discuss Nvidia's "super duper chip" with Chinese president Xi Jinping on October 30, leading to hopes that the situation might change. Nvidia's AI chips are key for developing and training large language AI models, and almost every major tech company is working on some kind of AI product. Apple, for example, is building out AI infrastructure to power Apple Intelligence and other future AI capabilities. Apple is using Apple Silicon chips, but it has also reportedly invested in Nvidia server technology. Nvidia's growth has outpaced Apple, Microsoft, and other tech companies, but Apple reached a milestone of its own yesterday. Just ahead of Thursday's earnings call, Apple briefly reached a $4 trillion valuation. Apple's stock price has dropped slightly since then, but the company is close to hitting that target again. Apple is pumping out its own artificial intelligence servers, and the first units started shipping out this month. It is unlikely that Apple will compete with Nvidia in the server market because its servers are designed for internal use.

Nvidia Just Became the World's First $5 Trillion Company

Not even four months after American technology company Nvidia rode the AI surge to become the world's first $4 trillion company, it has become the first ever to cross the $5 trillion threshold. As of early this morning, Nvidia's share price reached over $212, which put its total market cap well over $5 trillion. At the time of writing, the company's stock price has decreased slightly to just under $207, keeping its market cap at $5.02 trillion. The company's 52-week high stock price is $212.19, which Bloomberg reports was achieved around 11 AM ET today. This is just the latest chapter in Nvidia's meteoric rise. While long a successful technology company and chipmaker, Nvidia has significantly benefited from the ongoing AI arms race. The company's stock price has increased from around $12 to its high watermark of $212.19 over the past five years, with the largest total value gains occurring since the start of 2024, when Nvidia's stock was around $50. Since 2022, Nvidia's stock has gone up by over 1,300 percent. Nvidia went from dramatically trailing the valuations of monolithic presences in the tech space like Alphabet, Microsoft, and Apple to beating them all across $4 trillion and now $5 trillion valuation thresholds. The landmark accomplishment this morning is hot on the heels of Nvidia's announcement that it had bought $1 billion in Nokia shares to help accelerate Nvidia's AI-RAN innovations and help the company transition from 5G to 6G networking infrastructure. Obviously, buying $1 billion in shares of a company like Nokia instantly increases Nvidia's own value by a commensurate amount, but this is nonetheless a monumental moment in the U.S. corporate landscape. "Nvidia has become the most-important stock in a bull market that's been driven by optimism for AI to revolutionize the global economy," Bloomberg reports. The publication adds that Nvidia's stock accounts for about 20% of the S&P 500 Index's 17% gains so far this year. The market is clearly putting significant faith in artificial intelligence's value and its potential transformational power. However, it remains unclear whether AI will primarily create positive cultural and societal change and who will benefit the most from it. Perhaps as importantly, there is justifiable concern about who will be harmed by its continued development. There remains significant skepticism surrounding AI and ongoing worry that it is just another, bigger dot-com-esque bubble waiting to burst.

Nvidia becomes world's first $5tn company amid stock market and AI boom

Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier Nvidia has become the world's first $5tn company, just three months after the Silicon Valley chipmaker was first to break through the barrier of $4tn in market value. In comparison, Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund (IMF). Shortly after US stock markets opened Wednesday, Nvidia's shares touched $207.86 with 24.3bn shares outstanding, putting its market cap at $5.05tn. Ravenous appetite for Nvidia's chips, seen as the most cutting edge in powering artificial intelligence products and software, is the main reason that the company's stock price has increased so rapidly since early 2023. The wider US stock market has reached multiple record highs this week, buoyed up by expansive investment in artificial intelligence. On Tuesday, Nvidia CEO Jensen Huang disclosed $500bn in chip orders. The company also announced a partnership with Uber on robotaxis and a $1bn investment in Nokia, with the two planning to work together on 6G technology. In addition, Nvidia is teaming with the US Department of Energy to build seven new AI supercomputers. Last month, Nvidia announced that it will invest $100bn in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August, Huang said Nvidia was discussing a potential new computer chip designed for China with the Trump administration. Donald Trump said on Air Force One that he will speak with Chinese president Xi Jinping about Nvidia's chips on Thursday. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co-founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1tn, $2tn and eventually, $3tn. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the IMF has raised a similar alarm.

Nvidia is officially the world's first $5 trillion company. CEO Jensen Huang says it's on track for 'half a trillion dollars' in revenue | Fortune

Nvidia made history Wednesday, becoming the world's first company to reach a $5 trillion market capitalization as shares surged more than 3% in early trading. The milestone cements the chipmaker's position as the most valuable company globally, pulling ahead of Microsoft and Apple, which are both valued at approximately $4 trillion. The surge followed remarks from CEO Jensen Huang at the company's GTC developer conference in Washington on Tuesday, where he disclosed Nvidia has secured more than $500 billion in orders for its AI chips through the end of 2026. The announcement represents what Huang described as unprecedented visibility into future revenue for a technology company. "I think we are probably the first technology company in history to have visibility into half a trillion dollars [in revenue]," Huang said, referring to orders for the company's current Blackwell generation and upcoming Rubin chips scheduled to launch next year. The potential for expanded access to China's market added momentum to Wednesday's gains. President Donald Trump said aboard Air Force One he planned to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping during their meeting Thursday in Busan, South Korea. Trump praised the Blackwell processor as "super duper" and said it is "probably 10 years ahead of any other chip." The discussion carries significant implications for Nvidia, which has been effectively locked out of China -- previously one of its largest markets -- due to U.S. export controls and Chinese government restrictions. Huang confirmed earlier in October the company's market share in China had fallen from 95% to zero. The loss has cost Nvidia billions in revenue, with the company reporting only $2.8 billion from China in its most recent quarter, down from $15.5 billion in the prior period. Nvidia had been operating under a proposed arrangement in which it would share 15% of revenue from sales of its H20 chip -- a less powerful processor designed to comply with U.S. export restrictions -- with the U.S. government in exchange for export licenses. However, the company said in August the agreement had not been formalized, and no H20 chips have been shipped to China under the framework. During Tuesday's conference, Huang also announced Nvidia is manufacturing its Blackwell GPUs in full production at a facility in Arizona, a move he attributed to Trump's push to bring manufacturing back to the U.S. The company revealed it has shipped 6 million Blackwell chips over the past four quarters and expects to deliver an additional 14 million units over the next five quarters. Nvidia unveiled partnerships with Nokia, investing $1 billion to develop telecommunications equipment incorporating its chips for 5G and 6G networks. The company also announced plans to collaborate with Oracle on building seven supercomputers for the U.S. Department of Energy, with the largest system featuring 100,000 Blackwell AI chips. Huang emphasized capital spending by major cloud computing companies -- Amazon, Meta, Google, Microsoft, Oracle, and CoreWeave -- is projected to reach $632 billion by 2027. Morgan Stanley analysts estimated total hyperscaler capital expenditures would grow 24% next year to nearly $550 billion, while Citi analysts raised their forecast to $490 billion for 2026, up from an earlier estimate of $420 billion. Nvidia reached the $5 trillion threshold just three months after becoming the first company to hit $4 trillion in July. The chipmaker's ascent has been swift: It crossed $1 trillion in June 2023, $2 trillion in February 2024, and $3 trillion in June 2024. The company was valued at approximately $400 billion before the debut of OpenAI's ChatGPT in late 2022. The stock has risen more than 50% in 2025 alone, adding more than $400 billion in market capitalization across just two trading days. Nvidia's shares closed above $200 on Tuesday for the first time before climbing further Wednesday morning. Nvidia's dominance stems from its graphics processing units, which are essential for training and running large language models used in artificial intelligence. The company controls an estimated 90% market share of AI chips used to build server farms that power the AI systems of Microsoft, Meta, Amazon, OpenAI, and other major technology companies. Apple and Microsoft joined Nvidia in the $4 trillion club this week. Apple reached the milestone Tuesday after strong demand for its iPhone 17 models, while Microsoft's valuation also crossed $4 trillion following news about its stake in a restructured OpenAI.

AI chipmaker Nvidia is the first $5 trillion company

Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.86 in early morning trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. In comparison, Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund. Nvidia CEO Jensen Huang has downplayed concerns of a bubble bursting, saying that the generative AI chatbots that were merely "interesting" when they first took hold a few years ago are now becoming so useful that they will be profitable. Huang was heading to South Korea this week as leaders from major Pacific Rim economies, including the United States, China and Japan, are gathering for the annual Asia-Pacific Economic Cooperation summit that has long championed free trade but is now confronting sweeping U.S. tariffs on technology and other products. The multilateral gathering in Gyeongju is expected to be overshadowed by a sideline event -- a face-to-face meeting on Thursday between Trump and Chinese leader Xi Jinping -- as their intensifying trade war leaves the South Korean hosts in a difficult balancing act. On Tuesday Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. The company also announced a partnership with Uber on robotaxis and a $1 billion investment in Nokia, with the two planning to work together on 6G technology. In addition, Nvidia is teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. President Donald Trump said on Air Force One that he will speak with Chinese President Xi Jinping about Nvidia's chips on Thursday on the sidelines of the APEC event that Huang is also attending.

AI chip giant Nvidia becomes world's first $5 trillion company

New York (AFP) - AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors remain confident that artificial intelligence will deliver a new wave of innovation and growth. The California-based tech giant saw its share price rise by 4.91 percent to $210.90 at the open of trading on Wall Street, pushing Nvidia's market capitalization past the never-before-seen threshold. By way of comparison, the level was greater than the GDP of France or Germany or higher than that of Tesla, Meta (Facebook), and Netflix combined. Microsoft and Apple, the two other largest global market capitalizations, only just exceed $4 trillion in valuation each. The surge in Nvidia's share price follows continued strong sales, a flurry of new deals -- including a partnership with Europe's Nokia announced on Tuesday -- as well as expectations that the company may soon regain access to China. The company is "largely ahead of any competitor who finds it hard to catch up in the world that Nvidia lives in," Art Hogan of B. Riley Wealth Management told AFP. "While it's almost unfathomable to think about a company reaching this milestone, it comes from a company with so many operational efficiencies that seems to announce massive deals on a daily or weekly basis." Nvidia CEO Jensen Huang is expected in South Korea this week, where he will attend the sidelines of the APEC summit at which US President Donald Trump will meet his Chinese counterpart Xi Jinping, with issues related to AI development expected to be discussed. Nvidia chips are currently not sold in China due to a combination of Chinese government bans, national security concerns, and ongoing trade tensions between the United States and China. The Trump administration favors a more nuanced approach to selling AI chips to Beijing, but faces deep skepticism from China hawks across the US political spectrum who favor tougher bans on AI technology. Nvidia has announced a series of partnerships in recent weeks, including an intention to invest up to $100 billion in ChatGPT-maker OpenAI over the coming years. It also said it would invest $5 billion in struggling chip rival Intel, in response to the Trump administration's desire to bring back more manufacturing of semiconductors to the United States. 'Better, not worse' Nvidia produces the advanced graphics processing units (GPUs) that power most generative AI systems, including those behind ChatGPT and other large language models. Although it was not the first to develop GPUs, the California-based group made them its specialty in the late 1990s, quickly pivoting from video games to the then-emerging field of cloud computing, and thus has unique experience in the area. The eyewatering valuations linked to artificial intelligence also include OpenAI becoming the world's most valuable private company, currently valued at $500 billion. This has sparked talk that the AI frenzy may have entered bubble territory, reminiscent of the 1990s internet investment boom that saw a major reckoning in 2000, when high-flying companies saw their share prices collapse suddenly. Analyst Sam Stovall of CFRA, a research firm, said Nvidia's expected growth was still very strong and that investors should expect news surrounding the company "will only get better, not worse." Still, "valuations are elevated... and could therefore be vulnerable to any upsetting news," he added.

Nvidia becomes the first company worth $5 trillion, powered by the AI frenzy

Nvidia headquarters in Santa Clara, Calif.Justin Sullivan / Getty Images file The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data. Three months ago, the company was worth $4 trillion and a little over two years ago, it was worth $1 trillion. On Wednesday, shares of the company opened up more than 3%. More than any of its competitors, Nvidia and its record run have become emblematic of an AI investment frenzy that has pushed U.S. stock markets to new highs throughout the year, while making billionaires out of the industry's top shareholders. The same run has also raised concerns that AI could be vulnerable to a bubble. Some economists have drawn comparisons between the breakneck growth and enthusiasm of the AI boom and the first internet bubble in the late 1990s. Nvidia's latest stock surge comes a day after CEO Jensen Huang held the company's annual AI conference in Washington, D.C. There, Huang announced a wave of partnerships, investments and deals with companies ranging from the 5G network supplier Nokia to the ride-sharing firm Uber. Huang also said he expected $500 billion of AI chip orders through next year. Asked about the exploding values of AI companies on Tuesday and if the sector may be in a so-called bubble, Huang told NBC News that "these companies are generating real revenues" and the products they are selling are "profitable." Nvidia's $5 trillion market cap is also bigger than the combined market values of all of its competitors -- AMD, Intel, Broadcom, TSMC, Micron, ASML, Lam Research, Qualcomm and Arm Holdings. The stock has gained more than 50% this year and more than 1,500% over the last five years. In comparison, the S&P 500 has gained only 17% this year, while the Nasdaq has gained just 23%. On Tuesday night, President Donald Trump added more fuel to Nvidia shares, telling reporters that he would be discussing the company's Blackwell chip with Chinese President Xi Jinping on Thursday when the two presidents meet in South Korea. Blackwell is Nvidia's highest-powered AI chip. Touted by Trump as "super duper," sales of it to China have been restricted over fears that the Beijing could gain an edge over the U.S. with such powerful hardware. The Trump administration has at times sent differing signals about its willingness to limit China's acquisition of advanced AI chips. "We don't sell them our best stuff, not our second best stuff, not even our third best," Commerce Secretary Howard Lutnick said on CNBC in July. Selling China America's "fourth best" AI technology, however, was "cool" with the administration, he said.

AI chipmaker Nvidia is world's first $US5 trillion company

Gift 5 articles to anyone you choose each month when you subscribe. Nvidia has become the world's first $US5 trillion ($7.6 trillion) company, just three months after the Silicon Valley chipmaker was first to break through the $US4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co-founder Steve Jobs unveiled the first iPhone 18 years ago.

NVIDIA becomes the first company in history to be worth $5 trillion

TL;DR: NVIDIA has become the first company valued at $5 trillion, surpassing the GDP of every country worldwide except the United States and China. This milestone highlights NVIDIA's dominant market position and significant impact on the global economy and technology sector. NVIDIA has become the first publicly traded company on Earth to reach a $5 trillion valuation, and it was only three months ago that it was worth $4 trillion. According to data provided by the World Bank, the value of NVIDIA exceeds the total Gross Domestic Product (GDP) of every country on Earth besides the United States and China, following the company's share price on Wednesday opening up by more than 3%. NVIDIA's skyrocketing valuation can be attributed to the booming AI market, with tech companies around the world looking to invest as much as possible into the emerging software, and to achieve a sophisticated AI, companies need the infrastructure to operate it. That is where NVIDIA comes in. NVIDIA's AI GPUs have become such a sought-after product that they have become the subject of international trade restrictions, geopolitical footballs between competing countries, and even spawned a black market where the GPUs are banned from being sold. All of this is part of the greater race between countries and companies to create the Artificial General Intelligence (AGI), the world's most sophisticated AI software. NVIDIA has been at the forefront of the emerging AI market, and it's certainly reaped the rewards, with the company's $5 trillion valuation now exceeding the combined market values of all of its competitors, such as AMD, Intel, Broadcom, Micron, TSMC, ASML, Qualcomm, and Arm Holdings. Furthermore, NVIDIA stock has increased by 1,500% over the last five years, and 50% in the last year alone.

Chipmaker Nvidia on track to become first $5 trillion company

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.80 in premarket trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. On Tuesday Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. The company is also teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. Multiple media reports state that President Donald Trump is likely to speak with Chinese President Xi Jinping about Nvidia's chips on Thursday.

Chipmaker Nvidia on Track to Become First $5 Trillion Company

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.80 in premarket trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. On Tuesday Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. The company is also teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. Multiple media reports state that President Donald Trump is likely to speak with Chinese President Xi Jinping about Nvidia's chips on Thursday.

Nvidia stocks: NVDA share price jumps after AI darling becomes first Wall Street company to hit $5 trillion value

Nvidia share price: Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Nvidia stock at the US Stock Market's key index S&P 500 was up by 4.4 per cent. Nvidia share price rallied the AI giant became the first company valued at $5 trillion on Wall Street, just three months after the AI darling was the first to break through the $4 trillion barrier. NVDA stocks crossed $210-mark. Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.86 in early morning trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. In comparison, Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund, AP reported. Nvidia carved out an early lead in tailoring its chipsets known as graphics processing units, or GPUs, from use in powering video games to helping to train powerful AI systems, like the technology behind ChatGPT and image generators. Demand skyrocketed as more people began using AI chatbots. Tech companies scrambled for more chips to build and run them. Nvidia CEO Jensen Huang has downplayed concerns of a bubble bursting, saying that the generative AI chatbots that were merely "interesting" when they first took hold a few years ago are now becoming so useful that they will be profitable. Huang was heading to South Korea this week as leaders from major Pacific Rim economies, including the United States, China and Japan, are gathering for the annual Asia-Pacific Economic Cooperation summit that has long championed free trade but is now confronting sweeping U.S. tariffs on technology and other products. The multilateral gathering in Gyeongju is expected to be overshadowed by a sideline event -- a face-to-face meeting on Thursday between Trump and Chinese leader Xi Jinping -- as their intensifying trade war leaves the South Korean hosts in a difficult balancing act. On Tuesday, Huang disclosed $500 billion in chip orders. The company also announced a partnership with Uber on robotaxis and a $1 billion investment in Nokia, with the two planning to work together on 6G technology. In addition, Nvidia is teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August, Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. Trump said on Air Force One that he will speak with Xi about Nvidia's chips on Thursday on the sidelines of the APEC event that Huang is also attending. In August, Trump announced a deal with chipmakers Nvidia and AMD to lift export controls on sales of advanced chips to China in exchange for a 15% cut of the revenue, despite concerns from national security experts that such chips will end up in the hands of Chinese military and intelligence services. That same month, Trump announced that the U.S. government had taken a 10 percent stake in Intel worth around $11 billion. Then, Nvidia announced last month that it's investing $5 billion in Intel and will collaborate with the struggling semiconductor company. Q1. Has Nvidia become $5 trillion company? A1. Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Q2. Which are other $4 trillion companies? A2. Nvidia was the first company to become $4 trillion firm. Microsoft and Apple have it subsequently. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion.

AI Chipmaker Nvidia Is The First $5 Trillion Company

Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund. Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at $1 trillion, $2 trillion and eventually, $3 trillion. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched $207.86 in early morning trading with 24.3 billion shares outstanding, putting its market cap at $5.05 trillion. In comparison, Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund. On Tuesday Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. The company also announced a partnership with Uber on robotaxis and a $1 billion investment in Nokia, with the two planning to work together on 6G technology. In addition, Nvidia is teaming with the Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Huang said that Nvidia was discussing a potential new computer chip designed for China with the Trump administration. President Donald Trump said on Air Force One that he will speak with Chinese President Xi Jinping about Nvidia's chips on Thursday.

NVIDIA Becomes the First to Hit $5 Trillion in Market Cap as Jensen & Co. Manage to Keep Running the AI Bandwagon With Full Force

NVIDIA's market capitalization has reached a record high of $5 trillion after Jensen's recent GTC announcements, suggesting that the AI hype still has a lot of 'juice' in it. We have watched NVIDIA evolve from humble beginnings, especially as gamers, over the past few years. Team Green was initially all about consumer GPUs, which were the talk of the town. However, since the advent of AI, NVIDIA has established a foundational position in providing the necessary computing power to Big Tech, being responsible for a significant portion of the hardware deployed in the industry. The relentless pursuit by NVIDIA's CEO and his team has now led to a point where the firm's capitalization has reached a record $5 trillion, credited to GTC-driven announcements. One of the reasons NVIDIA saw a massive market cap push yesterday was due to Jensen's keynote at GTC 2025 in Washington, which marked the first time the firm delivered a pivotal event in America's capital. The event featured partnerships with notable companies like Nokia and Palantir, demonstrating to the world that AI, as a technology, still has numerous use cases that the world has yet to discover. Of course, retailers saw hope in the AI bandwagon, which is why the markets responded accordingly. NVIDIA also saw a glimmer of hope today for a potential breakthrough for China's AI market, as President Trump revealed that he'll discuss the Blackwell AI chip in his meeting with the Chinese counterpart. Getting back into the Chinese AI markets is a massive "bonus" for NVIDIA right now, since the firm has already excluded the region in its guidance, hence the restoration of business could mean an extra "tens of billions" for Team Green in revenue, driven by the more advanced Blackwell solution; however, this isn't certain to happen for now. NVIDIA has managed to break record after record in recent years, not just in terms of market capitalization, but also in advancements in computing architectures, which is why the firm is the dominant AI compute provider. It would be interesting to see how the future unfolds for NVIDIA and AI, given that the firm is now too big to fail.

Jensen Huang-led Nvidia becomes world's first $5 trillion company, outshines Apple and Microsoft

Nvidia has made history by becoming the first company ever to reach a $5 trillion market value, according to Barchart. On Tuesday, Nvidia's stock went up by 5% and Jensen Huang-led Nvidia became the world's first $5 trillion company, outshines Apple and Microsoft at its highest price ever. This happened after the company shared news about new products, partnerships, and big investments at its GTC event in Washington, D.C. That day, Nvidia's total company value reached $4.89 trillion -- very close to $5 trillion. This comes just a few months after it became the first company to cross $4 trillion in July. Nvidia also said it will work with the U.S. Department of Energy to build seven new supercomputers, including one that will use 10,000 of its new Blackwell GPUs. The company also announced a deal with Uber to create a group of self-driving cars, showing that Nvidia is becoming stronger in the driverless car industry. Drug major Eli Lilly is set to receive 1,000 GPUs from Nvidia to aid its AI-led medical manufacturing. This comes in addition to its plans to tie up with Nokia to ramp up its 6G infrastructure, Yahoo reported. ALSO READ: 6 AI startups Jensen Huang and Nvidia engineers have bet on: You will want to know what they are building From teaming up with Palantir and Oracle, along with more 6G collabs with Cisco and T-Mobile, Eli is trying to gain the upper hand in the Medicare and Pharma future which could be dominated by AI. Nvidia also highlighted how its AI technology is being used in robotics, with companies like Amazon, Foxconn, Caterpillar, and Belden using its chips for automation and AI-based manufacturing. The company introduced a new open systems architecture called NVQLink, designed to speed up the development of quantum supercomputers. It will work with Rigetti and IonQ on this project. During his keynote speech, CEO Jensen Huang said Nvidia expects to make $500 billion in GPU sales by the end of 2026. He added that the company already earned over $100 billion in revenue in just the first two quarters of this year. Nvidia could grow even more if the U.S. and China make a new trade deal. This deal would let Nvidia start selling its advanced chips in China again. The company's stock has gone up more than 50% this year and has doubled since April, making it one of the fastest-growing companies in the world. Nvidia's chips are used in big data centers owned by companies like Amazon, Google, and Microsoft, which depend a lot on AI technology. The company has also invested up to $100 billion in OpenAI, one of its most important partners and customers. However, competition in the AI chip market is increasing. Rival AMD has signed big deals with OpenAI for 6 gigawatts of AI processors and with Oracle for 50,000 GPU. ALSO READ: November 2025 Stimulus updates: States sending new relief payments and checks to residents Qualcomm has also entered the race, announcing plans to build AI accelerator chips for data centers. Even Nvidia's top customers -- Amazon, Google, and Microsoft -- are developing their own AI chips, increasing future competition, as per Yahoo Finance. Despite this, Nvidia is pushing forward with its "sovereign AI" strategy, encouraging countries and companies to build their own AI data centers using Nvidia's technology. With all these partnerships, innovations, and record-breaking stock growth, Jensen Huang-led Nvidia has officially outshined Apple and Microsoft, becoming the world's most valuable company at $5 trillion. Q1. Why did Nvidia's value reach $5 trillion? Nvidia's value hit $5 trillion after strong stock growth, major AI partnerships, and new product launches boosted investor confidence. Q2. How did Nvidia become more valuable than Apple and Microsoft? Nvidia's rapid rise came from leading the global AI chip market and expanding deals with big tech and government projects.

AI boom takes Nvidia past $5 trillion valuation - The Economic Times

The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning CEO Jensen Huang into a Silicon Valley icon and making its advanced chips a flashpoint in the tech rivalry between the U.S. and China.Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the center of the global artificial intelligence boom. The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning CEO Jensen Huang into a Silicon Valley icon and making its advanced chips a flashpoint in the tech rivalry between the U.S. and China. Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs, igniting a debate on whether frothy tech valuations could lead to the next big bubble. The new milestone, coming just three months after Nvidia breached the $4 trillion mark, would surpass the total cryptocurrency market value and equal roughly half the size of Europe's benchmark equities index, the Stoxx 600 index. "Nvidia hitting a $5 trillion market cap is more than a milestone; it's a statement, as Nvidia has gone from chip maker to industry creator," said Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company. "The market continues to underestimate the scale of the opportunity, and Nvidia remains one of the best ways to play the AI theme." Shares of the Santa Clara, California-based company rose 4.6% after a string of recent announcements solidified its dominance in the AI race. Huang unveiled $500 billion in AI chip orders on Tuesday and said he plans to build seven supercomputers for the U.S. government. Meanwhile, President Donald Trump is expected to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping on Thursday. Sales of the high-end chip have been a key sticking point between the two sides due to Washington's export controls. Stock surge boosts Huang's wealth At current prices, CEO Huang's stake in Nvidia would be worth about $179.2 billion, according to regulatory filings and Reuters calculations. He is the world's eighth-richest person, per Forbes' billionaire list. Born in Taiwan and raised in the United States from age nine, Huang has led Nvidia since founding it in 1993. Under his leadership, the company's H100 and Blackwell processors have become the engines behind large-language models powering tools such as ChatGPT and Elon Musk's xAI. While Nvidia remains the clear front-runner in the AI race, Big Tech peers such as Apple and Microsoft have also crossed $4 trillion in market value in recent months. Analysts say the rally reflects investor confidence in unrelenting AI spending, though some warn valuations may be running hot. "AI's current expansion relies on a few dominant players financing each other's capacity. The moment investors start demanding cash-flow returns instead of capacity announcements, some of these flywheels could seize," said Matthew Tuttle, CEO of Tuttle Capital Management. Tech companies' heavy weightage in the S&P 500 and Nasdaq 100 gives them broad influence over global markets. Nvidia is due to report quarterly results on November 19. Geopolitical bargaining chip The company's dominance has drawn global regulatory scrutiny, with U.S. export curbs on advanced chips making it a key pawn in Washington's strategy to limit China's access to AI technology. "Nvidia clearly brought their story to D.C. to both educate and gain favor with the U.S. government," said Bob O'Donnell of TECHnalysis Research. "They managed to hit most of the hottest and most influential topics in tech." The developer conference on Tuesday also served as a platform for Huang to walk a geopolitical tightrope. He praised Trump's "America First" policies for accelerating domestic tech investment, while warning that excluding China from Nvidia's ecosystem could limit U.S. access to half of the world's AI developers. Rivals including Advanced Micro Devices and several well-funded startups are seeking to challenge Nvidia's dominance in high-end AI chips, but it remains the industry's top choice.

Nvidia becomes first $5T company powered by AI frenzy: Here's how...

Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the center of the global artificial intelligence boom. The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning CEO Jensen Huang into a Silicon Valley icon and making its advanced chips a flashpoint in the tech rivalry between the US and China. Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs, igniting a debate on whether frothy tech valuations could lead to the next big bubble. The new milestone, coming just three months after Nvidia breached the $4 trillion mark, would surpass the total cryptocurrency market value and equal roughly half the size of Europe's benchmark equities index, the Stoxx 600 index. "Nvidia hitting a $5 trillion market cap is more than a milestone; it's a statement, as Nvidia has gone from chip maker to industry creator," said Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company. "The market continues to underestimate the scale of the opportunity, and Nvidia remains one of the best ways to play the AI theme." Shares of the Santa Clara, California-based company rose 4.6% after a string of recent announcements solidified its dominance in the AI race. Huang unveiled $500 billion in AI chip orders on Tuesday and said he plans to build seven supercomputers for the US government. Meanwhile, President Trump is expected to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping on Thursday. Sales of the high-end chip have been a key sticking point between the two sides due to Washington's export controls. At current prices, CEO Huang's stake in Nvidia would be worth about $179.2 billion, according to regulatory filings and Reuters calculations. He is the world's eighth-richest person, per Forbes' billionaire list. Born in Taiwan and raised in the United States from age nine, Huang has led Nvidia since founding it in 1993. Under his leadership, the company's H100 and Blackwell processors have become the engines behind large-language models powering tools such as ChatGPT and Elon Musk's xAI. While Nvidia remains the clear front-runner in the AI race, Big Tech peers such as Apple and Microsoft have also crossed $4 trillion in market value in recent months. Analysts say the rally reflects investor confidence in unrelenting AI spending, though some warn valuations may be running hot. "AI's current expansion relies on a few dominant players financing each other's capacity. The moment investors start demanding cash-flow returns instead of capacity announcements, some of these flywheels could seize," said Matthew Tuttle, CEO of Tuttle Capital Management. Tech companies' heavy weightage in the S&P 500 and Nasdaq 100 gives them broad influence over global markets. Nvidia is due to report quarterly results on Nov. 19. The company's dominance has drawn global regulatory scrutiny, with US export curbs on advanced chips making it a key pawn in Washington's strategy to limit China's access to AI technology. "Nvidia clearly brought their story to D.C. to both educate and gain favor with the US government," said Bob O'Donnell of TECHnalysis Research. "They managed to hit most of the hottest and most influential topics in tech." The developer conference on Tuesday also served as a platform for Huang to walk a geopolitical tightrope. He praised Trump's "America First" policies for accelerating domestic tech investment, while warning that excluding China from Nvidia's ecosystem could limit US access to half of the world's AI developers. Rivals including Advanced Micro Devices and several well-funded startups are seeking to challenge Nvidia's dominance in high-end AI chips, but it remains the industry's top choice.

Nvidia nears US$5 trillion in valuation as AI boom powers meteoric rise

Nvidia was set to make history on Wednesday as the first company to reach US$5 trillion in market value, extending a powerful rally that has cemented its place at the center of the global artificial intelligence boom. Shares of the Santa Clara, Calif.-based company rose 3.6 per cent in premarket trade after a string of recent announcements reinforced its lead in the AI race. CEO Jensen Huang unveiled $500 billion in AI chip orders on Tuesday and said heplans to build seven supercomputers for the U.S. government. Moreover, U.S. President Donald Trump is expected to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping on Thursday, reflecting the company's growing clout in an escalating U.S.-China tech rivalry. Nvidia's $5 trillion valuation, coming just over three months after it crossed $4 trillion, would complete the company's transformation from a niche graphics-chip designer into the backbone of the global AI industry, helping it outpace rivals and turning Huang into a Silicon Valley icon. That valuation would also surpass the entire cryptocurrency market and equal roughly half the value of the pan-European Stoxx 600 index. Nvidia's shares have jumped nearly twelve-fold since OpenAI's ChatGPT launched nearly three years ago, massively outperforming the benchmark S&P 500 index's 69% gains over the same period. "In the long run, we expect tech titans to strive to find second-sources or in-house solutions to diversify away from Nvidia in AI, but these efforts will, at best, only chip away at, but not supplant, Nvidia's AI dominance," said Brian Colello, senior equity analyst at Morningstar. At current prices, CEO Huang's stake in Nvidia would be worth about $177.4 billion, according to regulatory filings and Reuters calculations, making him the world's eighth-richest person, per Forbes. Born in Taiwan and raised in the United States from age nine, Huang has led Nvidia since founding it in 1993. Under his leadership, the company's H100 and Blackwell processors have become the engines behind large-language models powering tools like ChatGPT and Elon Musk's xAI. While Nvidia remains the clear front runner in the AI race, peers such as Apple and Microsoft have also crossed $4 trillion in market value in recent months. Analysts say the rally reflects investor confidence in unrelenting AI spending, though some warn valuations may be running hot. The companies' heavy weightings in the S&P 500 and Nasdaq 100 gives them broad influence over global markets. Nvidia is due to report quarterly results on Nov. 19. The company's dominance has drawn global regulatory scrutiny, with U.S. export curbs on advanced chips making it a key pawn in Washington's strategy to limit China's access to AI technology. "Nvidia clearly brought their story to D.C. to both educate and gain favor with the U.S. government," said Bob O'Donnell of TECHnalysis Research. "They managed to hit most of the hottest and most influential topics in tech." The developer conference on Tuesday also served as a platform for Huang to walk a geopolitical tightrope. He praised Trump's "America First" policies for accelerating domestic tech investment, while warning that excluding China from Nvidia's ecosystem could limit U.S. access to half of the world's AI developers. Rivals including Advanced Micro Devices AMD.O and several well-funded startups are seeking to challenge Nvidia's dominance in high-end AI chips, but it remains the industry's top choice.

NVIDIA marches toward $5 trillion valuation as CEO Haung delivers at GTC By Investing.com

Investing.com -- Shares of AI-powerhouse NVIDIA Corporation (NASDAQ:NVDA) surged 5% Tuesday to over $200 per share for the first time after CEO Jensen Huang's keynote address at the semi-annual GTC conference, where he downplayed any concern over an AI bubble. The company's valuation is now nearing $5 trillion. Grabbing investors' attention was news that Huang stated that the company has visibility of more than $500 billion in cumulative Blackwell and Rubin revenue through CY26. While details of the financial disclosure are murky, one analyst suggested that the guidance could indicate $140 billion or more of upside to datacenter GPU revenue over the period. "Our analysis assumes NVDA means they will ship a total of $500bn of Rubin +Blackwell in CY25+CY26. Our total CY25+CY26 DC GPU revenue is for $360bn," Wolfe Research analyst Chris Caso stated. "This disclosure therefore suggests on the order of $140bn upside to datacenter GPU revenue over that period. If our interpretation is correct, this would suggest ~$3 EPS upside to our current $6.20 CY26 estimate." Huang unveiled an AI-native 6G wireless stack built in the U.S. with Nokia, introduced NVQLink to tightly connect quantum processors with GPUs, and announced major Department of Energy partnerships to build seven new AI supercomputers, including the 100,000-GPU Solstice system at Argonne, the largest public scientific AI platform to date. Huang also positioned AI factories as the next generation of data centers, powered by new chips such as BlueField-4 and designed using Omniverse DSX. He highlighted expanding open-source AI model families, new industrial collaborations ranging from Foxconn and Caterpillar to Disney, and major autonomous mobility plans with Uber targeting about 100,000 Level-4 vehicles by 2027. The keynote closed with record-setting financial inference benchmarks from the Grace Hopper Superchip, underscoring NVIDIA's expanding role across science, industry, and real-time AI services.

Chipmaker Nvidia becomes first five trillion dollar company | BreakingNews

Nvidia has become the first five trillion dollar (£3.8 trillion) company, just three months after the Silicon Valley chipmaker was the first to break through the four trillion dollar (£3 trillion) barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence (AI) craze that is widely viewed as the biggest tectonic shift in technology since Apple co-founder Steve Jobs unveiled the first iPhone 18 years ago. Apple rode the iPhone's success to become the first publicly traded company to be valued at one trillion dollars, two trillion dollars and eventually three trillion dollars. But there are concerns of a possible AI bubble, with officials at the Bank of England earlier this month flagging the growing risk that tech stock prices pumped up by the AI boom could burst. The head of the International Monetary Fund (IMF) has raised a similar alarm. The ravenous appetite for Nvidia's chips is the main reason that the company's stock price has increased so rapidly since early 2023. On Wednesday the shares touched 207.86 dollars (£157.40) in early morning trading with 24.3 billion shares outstanding, putting its market cap at 5.05 trillion dollars (£3.82 trillion). In comparison, Nvidia's value is greater than the GDP of India, Japan and the United Kingdom, according to the IMF. On Tuesday Nvidia chief executive Jensen Huang disclosed 500 billion dollars (£378 billion) in chip orders. The company also announced a partnership with Uber on robotaxis and a one billion dollar (£757 million) investment in Nokia, with the two planning to work together on 6G technology. In addition, Nvidia is teaming with the US Department of Energy to build seven new AI supercomputers. Last month Nvidia announced that it will invest 100 billion dollars (£75 billion) in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centres to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT. In August Mr Huang said Nvidia was discussing a potential new computer chip designed for China with the Trump administration. President Donald Trump said on Air Force One that he will speak to Chinese President Xi Jinping about Nvidia's chips on Thursday.

Nvidia breaches $5 trillion in market cap

(Reuters) -Nvidia on Wednesday became the first company to breach $5 trillion in market value, continuing a meteoric rise that has firmly positioned it at the heart of the global AI revolution. Share milestone:--- Nvidia shares hit record high of $209.40 in early trading-- Shares up 1087% pct since the launch of ChatGPT in Nov 2022 MATT BRITZMAN, SENIOR EQUITY ANALYST, HARGREAVES LANSDOWN THAT HOLDS SHARES IN NVIDIA"Nvidia hitting a $5 trillion market cap is more than a milestone; it's a statement, as Nvidia has gone from chip maker to industry creator." "For investors who think they've missed the boat, even at $5 trillion of market cap, this still isn't an overly expensive stock. The market continues to underestimate the scale of the opportunity, and Nvidia remains one of the best ways to play the AI theme." KIM FORREST, CHIEF INVESTMENT OFFICER AT BOKEH CAPITAL PARTNERS IN PITTSBURGH"They have earned this victory lap. At this point, the great AI bubble doesn't look like it's close to popping. And so this is what we get: a $5 trillion company because it makes the things that are driving the AI cycle." "There seems to be a lot of demand for data centers to be built, and that points to Nvidia over and over and over again." RUSS MOULD, INVESTMENT DIRECTOR AT AJ BELL"Nvidia has added $2.5 trillion in market cap since the post-Liberation Day low in April, more than doubling its stock market value. It has been helped by talk of exemptions and revenue-sharing deals when it comes to the tariffs and trade tensions and any successful conclusion to the Asian summit between Presidents Trump and Xi this week could be a further boost to sentiment." MICHAEL BROWN, SENIOR RESEARCH STRATEGIST, PEPPERSTONE"In many ways everything that sort of could have gone right for the firm has gone right over the last sort of 24 hours. We had all of these strategic partnerships being announced yesterday and some very solid guidance from CEO Jensen Huang who was talking about $500 billion worth of business in the next five quarters." "One of the key drivers of whether Nvidia can extend on these gains even more is going to be the CapEx projections from some of these mega cap names. If it's like the second quarter where we have another quarter of just huge increases in capital expenditure, the bulk of which is obviously going to go on NVIDIA chips, then there's absolutely no reason for the rally to run out of steam." ARTHUR R HOGAN III, CHIEF MARKET STRATEGIST, B. RILEY, US"The milestone reinforces the fact that the chip maker is the clear winner at this stage of the AI revolution. Importantly Nvidia's assent has come with defensible valuations. The companies stock trades at 35 times next twelve months earnings estimates, while producing 70% gross margins." "While the $5 trillion milestone seems unfathomable in a historic context, it comes in the wake of a company that has managed to outperform on all metrics, while cutting strategic deals with all of the key players in the sector and successfully navigating the challenging political landscape." DANIELA HATHORN, SENIOR MARKET ANALYST AT CAPITAL.COM, SPAIN"What's been driving Nvidia is, on one hand, general market euphoria and optimism. We've got not only Nvidia but also major equity indices pushing to all-time highs, and I don't think it's luck. It's a combination of fundamental factors: easing inflation and the prospect of lower monetary policy." "But at the same time, we also have an AI-driven capex boom - specifically in the chip sector and the hardware and cloud infrastructure sectors. So, I think you've got a structural growth narrative that extends beyond just a cyclical rebound. To some extent, the AI bubble that's been talked about isn't really a bubble, because it's backed by fundamentals and, frankly, by earnings growth." IPEK OZKARDESKAYA, SENIOR MARKET ANALYST AT SWISSQUOTE BANK, SWITZERLAND "There's tremendous potential for Nvidia to strike more deals--think Nokia, for example. The question isn't if Nvidia will ink new partnerships, but who's next. They're expanding beyond borders, and we believe this international exposure will help ease concerns around circularity." "Nvidia doesn't need Trump's backing the way Intel might. What Nvidia is doing is positioning itself close to the White House for deals that could be costly--like investing in Intel or building chips in Arizona. These are the costs of doing business with Washington. But beyond that, Nvidia doesn't need Trump to generate revenue. It just needs him not to stand in the way." (Reporting by Joel Jose, Avinash P, Akriti Shah, Johann Cherian and Nikhil Sharma in Bengaluru; Editing by Sweta Singh)