Nvidia ($NVDA) became the first company in history to reach a $5 trillion market capitalization on Wednesday, with shares rising 3.8% to a record $208.90 at the open. The milestone follows months of gains fueled by surging demand for artificial intelligence hardware and a series of new global partnerships.
- Shares of Nvidia have surged 50% year-to-date, driving nearly one-fifth of the S&P 500’s 17% gain in 2025.
- CEO Jensen Huang has announced new chip supply deals with companies including Nokia, Samsung, and Hyundai Motor Group.
- The company is developing systems to connect quantum computers with AI chips and projects its latest products could generate up to $500 billion in revenue.
- President Trump said he plans to discuss Nvidia’s Blackwell chip exports with Chinese President Xi Jinping during their upcoming meeting in South Korea.
- Nvidia’s valuation now exceeds those of Microsoft ($MSFT) and Apple ($AAPL), both around $4 trillion.
- Analysts remain largely bullish, with over 90% rating the stock a buy and an average price target of $223.68.
Relevant Companies
- Nvidia ($NVDA) — Crossed $5 trillion in market cap on record AI chip demand and global partnerships.
Editor’s Note: This is a developing story. This article may be updated as more details become available.