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Nvidia Becomes First $5 Trillion Company on AI Chip Boom

The milestone reflects massive, confirmed demand for Nvidia's AI chips.

Overview

  • Nvidia’s market value reached about $5.05 trillion after shares traded near $207.80–$207.86, making it the first company to hit the $5 trillion mark.
  • CEO Jensen Huang said Nvidia has $500 billion in reservations for AI processors and will build seven new supercomputers for the U.S. Department of Energy.
  • The company detailed fresh deals, including a robotaxi partnership with Uber, a $1 billion investment in Nokia focused on 6G work, and a planned $100 billion partnership investment with OpenAI to add at least 10 gigawatts of AI data-center capacity.
  • Investors are watching U.S.–China export-policy discussions, with President Trump saying he plans to speak with China’s President Xi about Nvidia’s advanced chips including Blackwell.
  • Central-bank and IMF officials have warned about the risk of an AI-fueled stock bubble as Nvidia’s valuation now tops the GDP of India, Japan, and the United Kingdom, underscoring its outsize influence on major equity indexes.