Prime Highlights
- Nvidia made history by becoming the first company in the world to achieve a market value of USD 5 trillion, reflecting its leadership in AI and chip manufacturing.
- The company continues to expand its influence with $500 billion in AI chip orders and plans to build seven supercomputers for the US government.
Key Facts
- Nvidia’s market value surpasses the total global cryptocurrency market and is nearly half of Europe’s Stoxx 600 index.
- Founder Jensen Huang’s net worth has surged to USD 177.3 billion, making him the eighth-richest person in the world.
Background
Nvidia made history by becoming the first company in the world to reach a market value of USD 5 trillion. This milestone shows how quickly the company has grown as a leader in the artificial intelligence (AI) boom
The milestone was reached only three months after Nvidia crossed USD 4 trillion, showing the strong investor confidence in its leadership in AI and chip manufacturing. The company’s valuation now exceeds the total value of the global cryptocurrency market and is nearly half of Europe’s benchmark Stoxx 600 index.
Jensen Huang founded Nvidia in 1993. The business was initially focused on the production of graphics chips and currently, it is the main source of energy in the AI sector. Its processors, such as the H100 and Blackwell chips, run advanced systems like ChatGPT and Elon Musk’s xAI.
Following a series of announcements, Nvidia’s shares rose 3.5% as Huang revealed USD 500 billion worth of AI chip orders and plans to build seven supercomputers for the US government. Analysts say Nvidia’s dominance in AI is likely to continue, even as rivals like Apple, Microsoft, and AMD attempt to catch up.
Huang’s personal wealth has jumped to USD 177.3 billion, making him the eighth-richest person in the world, Forbes reports.
Nvidia’s rapid growth opens up new opportunities on the global stage. By following US rules and working within export limits, the company plays a key role in the tech partnership and collaboration between countries. Nvidia continues to drive innovation while building strong global relationships.
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