Theme:
Light Dark Auto
GeneralPoliticsBusinessEconomyTechnologyEnvironmentScienceSportsHealthEducationEntertainmentLifestyleGeneralNationWorld
BUSINESS
Positive Sentiment

Nvidia is the first $5 trillion company

Nvidia became the first company valued at $5 trillion, underscoring AI’s grip on markets even as officials warn of a bubble. Surging demand for its GPUs pushed shares to $207.04, valuing the firm at $5.03 trillion. CEO Jensen Huang dismissed bubble fears and revealed $500 billion in chip orders, alongside a robotaxi partnership with Uber, a $1 billion Nokia investment for 6G, and plans with the U.S. Department of Energy to build seven AI supercomputers. Nvidia also outlined a $100 billion OpenAI investment to expand AI data centers.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET