Nvidia becomes first $5 trillion company: What helped the chipmaker’s rise
Nvidia made history on Wednesday (October 29) as the first company ever to reach a $5 trillion market valuation. The company reached $5 trillion in market value just over three months after crossing $4 trillion, suggesting accelerating momentum in AI adoption across industries. According to CNBC, shares of the Santa Clara, California-based chipmaker rose more than 4%, pushing its market capitalisation past the threshold and cementing its position at the centre of the global AI boom.
Nvidia’s rise from gaming chipmaker to AI giant
