Nvidia Hits $5.03 Trillion Market Value

Nvidia became the first public company to reach a $5 trillion market capitalization on Wednesday, with shares rising roughly 3–5.6% to push its value to about $5.03 trillion. The milestone reflects surging demand for its AI GPUs—chiefly the Blackwell family—after the ChatGPT-era AI boom; CEO Jensen Huang disclosed roughly 6 million Blackwell shipments and announced about $500 billion in chip orders and plans to build supercomputers and other high-value partnerships. Nvidia's dominance has transformed it from a graphics-chip maker into the backbone of the AI industry, substantially boosting its S&P 500 weighting and contributing to data-center-driven gains in the U.S. economy; Huang's stake is now worth roughly $179.2 billion. The company's rise is geopolitically sensitive: Blackwell exports to China are a central bargaining point, and President Trump signaled he would raise the issue with Xi Jinping as investors hope for eased export controls. Analysts warn that frothy valuations, concentration risk, competition from rivals (AMD, Intel and Chinese chip efforts) and regulatory uncertainty could test whether current prices are sustainable.