Nvidia becomes first public company worth $5 trillion

One of the biggest beneficiaries of the ongoing AI boom, Nvidia has become the first public company to cross the $5 trillion market cap milestone.

The company’s shares rose more than 5.6% to $212.19 on Wednesday, on the back of Wednesday’s news that US President Donald Trump said he would Looking forward to the discussion The company’s Blackwell chips in with Chinese President Xi Jinping on Thursday.

Investors are also likely concerned by comments from Nvidia CEO Jensen Huang on Tuesday that the company is expecting $500 billion in AI chip sales and is making Seven new supercomputers for the United States Fields like security, energy and science will require thousands of Nvidia GPUs. On Tuesday, the company also said it had invested $1 billion in Nokia And will use some of its products to “enable communications service providers to launch AI-native 5G-Advanced and 6G networks on the NVIDIA platform.”

The milestone comes just three months after Nvidia The first company to cross the $4 trillion milestone. Its stock is up more than 50% so far this year due to seemingly insatiable demand for graphics processing units (GPUs), which are widely used in data centers for training large language models, inference and more. Nvidia’s GPUs are valuable because they’re scarce — and by trading them directly into an ever-inflating data center scheme, Nvidia is ensuring they’ll stay that way.

More generally, Tech stocks have soared this year On the optimism that AI technology will revolutionize industry worldwide, just as the advent of the Internet has revolutionized business. Over the past year investors have been encouraged to a Multi-billion dollar transactions — several of which included Nvidia at the center — to spur the development of data centers and infrastructure to build the computing power of resource-intensive AI models. In September, Nvidia announced that it would Invest up to $100 billion in OpenAIAnother beneficiary of the AI ​​boom in the coming years. Both companies said at the time that they wanted to deploy 10GW worth of Nvidia systems to power OpenAI’s systems.

With a market cap of $5 trillion, Nvidia is now worth more than that Aggregate stock market of all countriesBesides the US, China and Japan.