Nvidia makes history as 1st company to hit $5 Trillion market cap

Nvidia Corporation has become the world’s first publicly traded company to surpass a $5 trillion market capitalization, cementing its status as the undisputed leader of the artificial intelligence revolution. The milestone caps a meteoric rise driven by soaring global demand for its AI accelerators and data center chips.

Shares of the Silicon Valley powerhouse climbed over 3% on Wednesday, closing at $207.04 and pushing its valuation to roughly $5.04 trillion, according to real-time financial data. The achievement lifts Nvidia far ahead of Microsoft and Apple, both hovering near the $4 trillion mark, and positions it as the most valuable company in the world.

Barely two years ago, in May 2023, Nvidia crossed the $1 trillion threshold. Its transformation from a gaming chip manufacturer to the cornerstone of the AI economy has been astonishing. In less than 30 months, the company added $4 trillion in market value, driven by its dominance in producing the processors that power everything from ChatGPT to national supercomputing programs.