Led by CEO Jensen Huang, Nvidia has achieved a monumental triumph, becoming the world’s first $5 trillion company. The chipmaker’s valuation hit $5.05 trillion on Wednesday, cementing its status as the single most important company in the artificial intelligence revolution.
Huang has been at the center of the storm, recently disclosing a $500 billion order book for the company’s highly sought-after chips. He has also orchestrated a series of strategic deals, including a partnership with Uber for autonomous driving and a $1 billion investment in Nokia to pioneer 6G.
The company’s close ties with AI leader OpenAI are also expanding. Nvidia is investing $100 billion in the ChatGPT owner to fund the construction of at least 10 gigawatts of AI datacenters, ensuring its hardware remains the backbone of the industry.
Huang’s leadership has even won praise from President Donald Trump, who called the CEO “incredible” and touted Nvidia as a major US success story. Trump, who owns Nvidia stock, has also indicated he will discuss chip sales with China’s President Xi Jinping, a potentially massive development for the company.
While Nvidia celebrates its $5 trillion milestone, which it reached just three months after hitting $4 trillion, some analysts are wary. They point to the “circular” Nvidia-OpenAI deal and the high failure rate of corporate AI pilot programs as evidence of a potential bubble, an alarm also sounded by the IMF and Bank of England.
