Nvidia Reaches $5 Trillion Market Cap
Nvidia has become the first public company to surpass a $5 trillion market capitalization, exceeding the combined stock market value of all countries except the United States, China, and Japan.
The company's shares increased by over 5.6% to $212.19 on Wednesday, following news that US President Donald Trump plans to discuss Nvidia's Blackwell chips with Chinese President Xi Jinping.
Investors are also likely encouraged by Nvidia CEO Jensen Huang's comments, expecting $500 billion in AI chip sales and building seven new supercomputers for the US.
This milestone is a significant benefit from the ongoing AI boom, solidifying Nvidia's position as a leader in the industry.
Author's summary: Nvidia reaches $5 trillion market cap milestone.