Nvidia becomes 1st company to hit $5 trillion market value
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Nvidia just became the first company ever worth $5 trillion, meaning those who own even just a fraction of a percent of the high-flying stock are now super rich. The latest to join the billionaire club: 77-year-old venture capitalist and longtime Nvidia board member Brooke Seawell,
If any technology firm could be described as a darling of the financial markets, it would be NVIDIA (NASDAQ:NVDA). Without a doubt, NVIDIA has become the gold standard of artificial intelligence (AI) chip and graphics processing unit (GPU) designers.
Nvidia (NASDAQ:NVDA) shares pared earlier gains on Thursday, losing about 2% value after U.S. President Donald Trump said he did not discuss approving sales of the company's advanced Blackwell AI chips with Chinese President Xi Jinping.
Nvidia became the first company to surpass $5 trillion in market value after a fresh rally driven by AI-chip demand.
Nvidia (NASDAQ: NVDA) has been one of the best artificial intelligence (AI) stocks to own since the AI arms race kicked off in 2023. Its technology has powered most of the AI we experience today, and that's unlikely to change much in the future.
These words clearly indicate that Nvidia still has massive room for growth and remains a buy going into its quarterly report.
Nvidia just hit $5 trillion market cap. CEO Jensen Huang is doing quite well himself, too.
The Chosun Ilbo on MSN
Nvidia CEO Jensen Huang Charms South Korea with Humble Chicken Meeting
Jensen Huang, CEO of Nvidia, the world’s first company to surpass a $5 trillion market capitalization, has become a hot topic in South Korea during his first visit in 15 years. His humble demeanor, a stark contrast to his status as the “AI emperor,
“Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement, as Nvidia has gone from chip maker to industry creator,” Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company, told Reuters.
Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.