BUSINESS

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.

Reviewed by JQJO team

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