Milestone comes just 3 months after tech giant breached the $4-trillion mark
Oct 29, 2025 11:13 AM EDT | Last Updated: 4 hours ago
Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally and global artificial intelligence boom.
The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning CEO Jensen Huang into a Silicon Valley icon and making its advanced chips a flashpoint in the tech rivalry between the U.S. and China.
Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs, igniting a debate on whether frothy tech valuations could lead to the next big bubble.
The new milestone comes just three months after Nvidia breached the $4-trillion mark.
"In the long run, we expect tech titans to strive to find second sources or in-house solutions to diversify away from Nvidia in AI, but these efforts will, at best, only chip away at, but not supplant, Nvidia's AI dominance," said Brian Colello, senior equity analyst at Morningstar.
