Nvidia has officially reached a market valuation of $5 trillion, establishing a new standard in the global tech industry. According to Bloomberg, the chipmaker’s stock increased by over 5 percent to $211 on Wednesday morning, achieving another record shortly after hitting the $4 trillion milestone in July. This impressive growth underscores Nvidia’s leading role in the artificial intelligence (AI) sector, driven by escalating demand for its high-performance chips. The company now tops the global market, with Apple at a $4 trillion valuation, followed by Microsoft, Alphabet, Amazon, and Meta. This growth trajectory follows Nvidia’s recent announcement of a $1 billion investment in Nokia shares, alongside a partnership aimed at developing ‘AI native’ 5G-Advanced and 6G cellular networks.
This strategy further solidifies its commitment to advancing next-generation connectivity and AI infrastructure. Investor confidence has also surged following President Donald Trump’s indication of plans to discuss Nvidia’s Blackwell AI chip with China’s President Xi Jinping, in light of ongoing export restrictions impacting sales in the region.