Nvidia Reaches $5 Trillion Market Cap
Nvidia has become the first public company to surpass a $5 trillion market cap, exceeding the combined stock markets of all countries except the US, China, and Japan.
The company's shares rose 5.6% to $212.19 on news that US President Donald Trump plans to discuss Nvidia's Blackwell chips with Chinese President Xi Jinping.
Investors are also encouraged by Nvidia CEO Jensen Huang's comments on expected $500 billion in AI chip sales and the construction of seven new supercomputers for the US.
- Market cap: $5 trillion
- Share price increase: 5.6%
- New supercomputers: 7
Author's summary: Nvidia reaches historic $5 trillion market cap milestone.
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