Nvidia Reaches $5 Trillion Market Cap
Nvidia has become the first public company to surpass a $5 trillion market capitalization, exceeding the combined stock market value of all countries except the United States, China, and Japan.
The company's shares increased by 5.6% to $212.19 on Wednesday, driven by news that US President Donald Trump plans to discuss Nvidia's Blackwell chips with Chinese President Xi Jinping.
Investors are also optimistic about Nvidia CEO Jensen Huang's comments on expecting $500 billion in AI chip sales and building seven new supercomputers for the US.
- Market cap: $5 trillion
- Share price increase: 5.6%
- Expected AI chip sales: $500 billion
Author's summary: Nvidia reaches $5 trillion market cap milestone.
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