Nvidia CEO Jensen Huang revealed this week that the company expects $500 billion in AI chip sales|Maurizio Pesce|CC BY 2.0
Chipmaker Nvidia has become the first publicly traded company to surpass a $5 trillion valuation, after its stock rose 5.6% to $212.19 on Wednesday.
CEO Jensen Huang revealed this week that the company expects $500 billion in AI chip sales.
Nvidia also announced a $1 billion deal with Nokia to support AI-driven 5G and 6G networks. It is also collaborating with the US Energy Department to build seven new supercomputers.
President Donald Trump is reportedly planning to discuss Nvidia’s Blackwell AI chips with Chinese President Xi Jinping.
In September, Beijing restricted the RTX Pro 6000D chip that avoided US export curbs.
Nvidia’s milestone marks its second trillion-dollar jump in just three months, with shares up over 50% in 2025. It reflects the global AI investment frenzy, as its chips power nearly every major artificial intelligence system, including ChatGPT.
Analysts warn that the US company’s growth has powered nearly 20% of the S&P 500’s gains this year, and a downturn could affect the market in a big way.