key takeaways
- On Wednesday, Nvidia became the first company to hit $5 trillion in market value.
- The next two largest companies are Microsoft and Apple, and each has a market cap of about $4 trillion.
- Nvidia’s stock is up more than 50% so far.
Four months after crossing the $4 trillion mark, Nvidia becomes the first company to achieve this feat $5 trillion Market Capitalization.
nvidia stock The stock rose more than 4% on Wednesday morning, hitting a top of $210, which is more than the $205.76 needed for a market cap of $5 trillion. Nvidia is now more valuable than its rivals including AMD, Intel, Micron and Qualcomm. According to the report, its market cap exceeds that of entire sectors of the S&P 500, including utilities and consumer goods. wall street journal,
This milestone reflects the extraordinary trajectory of Nvidia, which has positioned itself at the center of the AI boom over the past decade, from making graphics cards to manufacturing AI chips. Nvidia counts companies like Meta, Microsoft and OpenAI among some of these its biggest customersNvidia’s stock has soared more than 50% year-to-date and over 1,500% In the last five years.
“A $5 trillion market cap would have been unimaginable just a few years ago,” said Keith Lerner, chief investment officer and chief market strategist at Truist Advisory Services. bloomberg“The market is certainly putting a lot of stock in the idea that AI will be transformative.”
Connected: How Nvidia CEO Jensen Huang turned a graphics card company into an AI giant: ‘One of the most remarkable business pivots in history’
The historic surge in Nvidia’s value came on the heels of CEO Jensen Huang’s announcement on Tuesday about the growth the company hopes to bring. $500 billion in AI chip orders And build seven supercomputers For the US government. In other words, Huang shared that Nvidia has a huge pipeline of AI orders, and it is also going to play a major role in empowering America’s tech infrastructure.
Nvidia also revealed on Tuesday that it is taking a $1 billion stake Nokia, a supplier of 5G cellular equipment to telecom companies, will develop the next generation of 6G cellular technology using chips from Nvidia.
Connected: Nvidia CEO Jensen Huang says he’s created more billionaires than anyone else
Nvidia hits for the first time $2 trillion in market cap March 2024 and achieved $3 trillion market cap In June 2024, the rapid growth experienced by the company was highlighted which was driven by demand for AI computing technology.
In early July, Nvidia became the first company to surpass a market capitalization of $4 trillion. Microsoft was the second to join the $4 trillion club in late July. Apple recently became the third company to surpass the $4 trillion market capitalization, achieving the feat earlier this week. Microsoft And Apple The next two largest companies after Nvidia are each valued at approximately $4 trillion at the time of writing.
Huang’s net worth has skyrocketed as Nvidia’s market value has soared. according to Bloomberg Billionaires IndexHuang was worth about $180 billion at the time of writing, up about $68 billion from the beginning of the year, with the majority of his wealth tied to his stake in Nvidia. he is the boss about 3.5% According to the company’s October 2025 filing.
Huang has been the CEO of the company Since co-founding In 1993.
key takeaways
- On Wednesday, Nvidia became the first company to hit $5 trillion in market value.
- The next two largest companies are Microsoft and Apple, and each has a market cap of about $4 trillion.
- Nvidia’s stock is up more than 50% so far.
Four months after crossing the $4 trillion mark, Nvidia becomes the first company to achieve this feat $5 trillion Market Capitalization.
nvidia stock The stock rose more than 4% on Wednesday morning, hitting a top of $210, which is more than the $205.76 needed for a market cap of $5 trillion. Nvidia is now more valuable than its rivals including AMD, Intel, Micron and Qualcomm. According to the report, its market cap exceeds that of entire sectors of the S&P 500, including utilities and consumer goods. wall street journal,
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