Nvidia Is The World’s First $5 Trillion Company Thanks To AI

Nvidia has become the first publicly traded company to hit the $5 billion market cap mark, beating the likes of Apple, Microsoft, and others to the milestone.

Nvidia has seen its shares ride a wave of AI speculation and progress in recent months, and MacRumors reports that its shares rose 14.5% due to demand for its latest GeForce GPUs.

News also broke that the company could soon sell its best GPUs in China for the first time. Until now, the United States had prevented Nvidia from selling its Blackwell AI chips in China.

But it’s Nvidia’s focus on AI that has seen its share price rocket, taking its overall market cap to new heights, MacRumors says.

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.

This new $5 trillion value comes less than four months after it initially surpassed the $4 trillion mark. All eyes will now be on Nvidia to see how far its market cap can go, perhaps before the rumored AI bubble finally bursts.

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