Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia made history Wednesday, becoming the world’s first company to reach a $5 trillion market capitalization as shares surged more than 3% in early trading. The milestone cements the chipmaker’s position as the most valuable company globally, pulling ahead of Microsoft and Apple, which are each valued at approximately$ 4 trillion. The surge followed remarks from CEO Jensen Huang at the company’s GTC developer conference in Washington, D.C., on Tuesday, where he disclosed Nvidia has secured more than $50 ...