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Nvidia has made history, becoming the first publicly traded company to reach a $5 trillion market valuation, cementing its dominance in the global tech industry.
The semiconductor giant’s stock surged following sustained investor confidence in its leadership in artificial intelligence (AI) chips, pushing it past the milestone and extending its lead over other U.S. tech heavyweights, including Apple, Microsoft, and Amazon.
Following reports that U.S. President Donald Trump anticipates speaking with Chinese President Xi Jinping about the company’s Blackwell chips on Thursday, the company’s shares increased more than 5.6% on Wednesday to reach $212.19.
READ ALSO: NVIDIA pioneers eco-friendly space computing with solar AI data center initiative
Nvidia CEO Jensen Huang’s remarks on Tuesday that the business anticipates $500 billion in sales of AI chips and that it is constructing seven new supercomputers for the U.S. in fields like security, energy, and science that will require thousands of Nvidia GPUs are probably also encouraging to investors.
Nvidia’s meteoric rise has been fueled by the booming demand for AI computing power, with its H100 and Blackwell processors becoming the backbone of AI development across industries.
Analysts say the achievement by Nvidia underscores a new phase in the tech market, where AI-driven innovation and hardware supremacy define valuation strength.
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