Web Desk; Nvidia has made history by becoming the first company in the world to reach a market valuation of $5 trillion, marking a new chapter in the ongoing global race for artificial intelligence (AI) dominance.
The chipmaker’s latest surge on Wednesday came just three months after it crossed the $4 trillion milestone, underscoring its rapid rise from a niche graphics chip producer to the central pillar of the AI revolution. This transformation has turned CEO Jensen Huang into a Silicon Valley icon and placed Nvidia at the heart of the US–China technology rivalry.
Since the launch of ChatGPT in 2022, Nvidia’s share value has soared nearly twelvefold, helping push the S&P 500 index to record highs and sparking debate over whether the AI boom might evolve into another tech bubble. The company’s $5 trillion valuation now exceeds the total market capitalization of all cryptocurrencies and is roughly equal to half the size of Europe’s benchmark Stoxx 600 index.
“Nvidia hitting a $5 trillion market cap is more than a milestone — it’s a statement,” said Matt Britzman, senior equity analyst at Hargreaves Lansdown. “Nvidia has evolved from a chipmaker into an industry creator, and the market still underestimates its potential.”
On Tuesday, CEO Huang announced $500 billion worth of new AI chip orders and revealed plans to build seven supercomputers for the US government. Meanwhile, reports indicate that US President Donald Trump is expected to discuss Nvidia’s advanced Blackwell chip with Chinese President Xi Jinping during their upcoming meeting in Busan, as high-end chip exports remain a key friction point between the two nations.
At current market prices, Huang’s personal stake in Nvidia is valued at approximately $179.2 billion, making him the world’s eighth-richest person according to Forbes.
Born in Taiwan and raised in the United States, Huang co-founded Nvidia in 1993 and has since overseen its evolution into the backbone of AI computing through processors such as the H100 and Blackwell, which power tools like ChatGPT and Elon Musk’s xAI.
While Nvidia leads the AI hardware sector, other Big Tech giants such as Apple and Microsoft have also crossed the $4 trillion valuation mark recently. Analysts say the surge reflects investor optimism about sustained AI spending, though some warn that valuations could soon face correction.
Regulatory pressure on Nvidia continues to grow amid US export controls designed to restrict China’s access to cutting-edge AI chips.
Experts say Nvidia has carefully navigated Washington’s political landscape, balancing praise for Trump’s “America First” policies while warning that excluding China could hinder global innovation by limiting access to half of the world’s AI developers.
Despite rising competition from AMD and several AI-focused startups, Nvidia remains the undisputed leader in the high-performance chip market. As of Wednesday morning in New York, the company’s stock price was up 5.1 percent from the market open. Nvidia is scheduled to release its next quarterly results on November 19.
