Nvidia becomes world’s first $5tn company amid stock market and AI boom

ICYMI: Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier

Nvidia has become the world’s first $5tn company as the artificial intelligence industry and wider US stock market boom. Just three months ago, the Silicon Valley chipmaker was first to break through the barrier of $4tn in market value.

In comparison, Nvidia’s value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund (IMF). It has far outgrown its competitors in the chip industry, gaining momentum as numerous tech stocks have surged in recent days. Continue reading…
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