Business8 views

Nvidia Hits Historic $5 Trillion Market Cap Milestone

Nvidia has become the first company in history to reach a staggering $5 trillion market value. This surge is fueled by the AI boom, with the company's stock prices skyrocketing 1,100% since the launch of ChatGPT in late 2022.

Why the massive growth? Modern AIs demand huge numbers of GPUs—Nvidia's core strength—powering everything from generative models to data centers.

For perspective, Nvidia's valuation exceeds more than six times the combined worth of all companies listed on Brazil's B3 stock exchange.

Source: Ars Technica