Nvidia’s shares rose more than 4% on Wednesday, pushing the company past a historic $5 trillion market capitalization, making it the first publicly traded firm to reach this milestone, as reported by CNBC.
The surge highlights Nvidia’s evolution from a gaming-focused chipmaker to a central player in the artificial intelligence industry.
The stock has climbed over 50% so far in 2025, fueled by strong demand for AI processors.
CEO Jensen Huang said Nvidia expects roughly $500 billion in AI chip orders and announced plans to build seven supercomputers for the U.S. government.
“Shares of Nvidia rose more than 4% Wednesday, making the tech giant the first company to cross the $5 trillion market value threshold.
“The extraordinary milestone reflects a remarkable rise for the company, which has evolved from a niche video game processor to an integral player in the artificial intelligence boom.
“Nvidia’s stock, which closed up 5% Tuesday, has climbed more than 50% year-to-date,” the CNBC report read in part.
In a separate move, Nvidia revealed a $1 billion strategic investment in Nokia, forming a partnership to develop next-generation 6G network technology.
The CNBC report highlighted that U.S. stocks, driven by excitement around AI, reached new record highs on Tuesday. Tech giants Apple and Microsoft each climbed past a $4 trillion market value as their shares gained momentum.
“If our expectations for AI … are correct, we are at the very beginning of a technology revolution,” Wood said, according to CNBC at the Saudi Arabia Future Investment Initiative.
Nvidia’s ascent to a $5 trillion market valuation represents the culmination of decades of innovation and strategic growth. The company first crossed the $1 trillion mark in May 2023, a milestone that placed it among an elite group of technology giants, including Apple, Microsoft, Alphabet, and Amazon.
The company’s momentum continued, and on June 5, 2024, Nvidia surpassed $3 trillion, becoming the second most valuable public company in the world at the time. This milestone highlighted not only its financial success but also its emergence as a critical player shaping the future of technology.
These milestones illustrate a remarkable trajectory, from a niche GPU manufacturer to a cornerstone of the global AI revolution.