Nvidia hits $5 trillion valuation as AI boom powers meteoric rise
Yahoo Finance·2025-10-29 16:15
By Niket Nishant and Rashika Singh (Reuters) -Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a rally that has cemented its place at the center of the global artificial intelligence boom. The Wall Street 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 riv ...