Nvidia CEO Jensen Huang gestures as US President Donald Trump (not pictured) delivers a speech during the “Winning the AI ​​Race” summit in Washington DC, US, on July 23, 2025.
Kent Nishimura | Reuters
Actions of NVIDIA rose more than 4% on Wednesday, making the tech giant the first company to cross the $5 trillion market value threshold.
This extraordinary milestone reflects a remarkable rise for the company, which has gone from a niche developer of video game processors to an integral player in the rise of artificial intelligence.
Nvidia shares, which closed up 5% on Tuesday, are up more than 50% so far this year.
The latest bullish move comes shortly after CEO Jensen Huang said Nvidia expects $500 billion in orders for AI chips and announced plans to build seven new supercomputers for the US government.
Separately, Nvidia announced Tuesday that it will acquire a $1 billion stake in nokiaforming a strategic partnership with the networking company to develop next-generation 6G cellular technology.
US stocks, boosted by AI trading, rose to record levels on Tuesday. The major averages were boosted by gains in technology, with Apple and microsoft both reached a market value of more than $4 trillion after their shares rose.
The breakneck rally in U.S. stocks comes despite lingering concerns about a bubble, particularly as AI-powered spending has led to record deals and valuations.
Earlier this month, the International Monetary Fund and the Bank of England were the latest financial institutions to warn that global stock markets could be in trouble if investor appetite for AI turns sour.
Ark Invest CEO Cathie Wood on Tuesday flagged the near-term possibility of a “reality check” on AI valuations, but rejected fears of an AI bubble.
“If our expectations for AI… are correct, we are at the beginning of a technological revolution,” Wood told CNBC on the sidelines of the Saudi Future Investment Initiative in Riyadh.
Nvidia stock chart so far this year.
