Nvidia’s market capitalization has surpassed $5 trillion. The American technology company is the first to reach this milestone.
The rapid growth is remarkable: Nvidia surpassed the $4 trillion mark just three months ago. The chip-maker reached a market value of $1tn for the first time in June 2023.
The rise in market value underscores the company’s strong position in the semiconductor and artificial intelligence markets.
Nvidia’s rise in stock value follows comments from US President Donald Trump, who is meeting with his Chinese counterpart Xi Jinping today. Trump says he wants to discuss China’s access to Nvidia’s Blackwell CPUs, which are Nvidia’s most advanced AI chip technology. Sales of the NVIDIA’s AI chips to China have been a part of a trade agreement between the US and China.
