Nvidia has reached a historic milestone, becoming the first publicly traded company to exceed a $5 trillion market capitalization as its stock climbed over 5.6% to $212.19 on Wednesday. The rise followed comments from U.S. President Donald Trump, who said he would discuss Nvidia’s Blackwell AI chips with Chinese President Xi Jinping, and from CEO Jensen Huang, who projected $500 billion in AI chip sales and announced seven new U.S. supercomputing projects.
The company also disclosed a $1 billion investment in Nokia to support AI-native 5G and 6G network development. Nvidia’s valuation has soared more than 50% this year, driven by record global demand for its GPUs powering large language models and AI infrastructure. Just three months after crossing the $4 trillion mark, Nvidia’s growth cements its position at the center of the worldwide AI revolution.
