The A.I. chip maker has become a linchpin in the Trump administration's trade negotiations in Asia.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD)'s latest announcements mark another major turning point in the artificial intelligence revolution, according to Wedbush analysts, who believe CEO Jensen Huang's keynote at the company's GTC event in Washington, DC, underscores Nvidia's role as the driving force behind the next era of AI infrastructure. “Huang's remarks reinforce our view that Nvidia remains at the center of one of the most disruptive technology shifts in modern history,” the analysts wrote.
Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least.
The biggest beneficiary of the ongoing AI boom, Nvidia has become the first public company to pass the $5 trillion market cap milestone.
Nvidia captures two of new economy's most-important drivers.
Nvidia Corporation tops $5 trillion, leading the Dow (with Caterpillar Inc.) after a bullish GTC showcase in Washington, D.C. NVDA shares are up 55% YTD, with strong seasonals and momentum into year-end. Valuation still reasonable, backed by $500 billion in AI revenue visibility and firm margins.
With NVIDIA rising 11% in a week, it is a good time to reassess its position against its competitors. Regularly evaluating alternatives is fundamental to a robust investment strategy.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) has become the first company in history to reach a market value above $5 trillion, extending its lead as the biggest beneficiary of the global artificial intelligence boom. Shares of the chipmaker jumped as much as 3.4% at the market open, lifting its market capitalization past the $5 trillion mark for the first time.
Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.
The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning Jensen Huang into a Silicon Valley icon.
NVIDIA inches closer to the $5-trillion market-cap mark. Play the AI chip boom via ETFs SHOC, SMH, SMHX, SOXY & SEMI.
Nvidia (NVDA) became the first company to ever achieve a market capitalization of $5 trillion as its stock surged in early trading Wednesday.