Nvidia becomes first company to reach $5 trillion market valuation

By Finance News On Nov 1, 2025

Nvidia CEO Jensen Huang joins ‘The Sunday Briefing’ to discuss the new U.S.-made Blackwell AI chip wafer, how Trump-era tariffs helped drive domestic production and efforts to expand manufacturing in America.

Nvidia on Wednesday became the first company in history to reach a $5 trillion market valuation, marking meteoric growth driven by the global artificial intelligence (AI) boom.

Shares of the leading AI chipmaker rose 3% to close at $207.04 on Wednesday, giving the company a market value of $5.03 trillion. The milestone highlights Nvidia’s rise from a video game graphics company into a force behind the AI revolution.

“Nvidia is at the epicenter,” CEO Jensen Huang said earlier this month on Fox News’ “The Sunday Briefing.” “We’re the engine of the largest industrial revolution in human history. The last ones were steam engine, electricity, information technology, and now we’re creating artificial intelligence.”

The California-based company’s stock has surged twelve-fold since the launch of ChatGPT in 2022, according to Reuters.

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Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference at the Nvidia GPU Technology Conference (GTC) in San Jose, California, on March 19, 2025. (David Paul Morris/Bloomberg via Getty Images / Getty Images)

The record-setting valuation followed just a day after Huang unveiled a sweeping lineup of new AI initiatives and partnerships. The company announced Tuesday it had secured $500 billion in AI chip orders and would build seven supercomputers for the U.S. government, Reuters reported.

Nvidia also announced Tuesday it would pay $1 billion for a stake in Nokia, according to Reuters.

The $5 trillion valuation comes just three months after Nvidia topped $4 trillion, placing it far ahead of other tech giants. Only Apple and Microsoft have previously crossed the $4 trillion threshold.

Founded in 1993 by electrical engineers Jensen Huang, Chris Malachowsky, and Curtis Priem, Nvidia began as a modest startup hatched at a Denny’s in California’s Bay Area.

The founders initially targeted the gaming market as a way to generate revenue while tackling complex computing problems that could propel future growth.

A few years after its launch, Nvidia fell on challenging times after a setback in developing the graphics card for the Sega Dreamcast video game platform. It had little financial headroom and laid off over half its employees. An investment from Sega America CEO Shoichiro Irimajiri provided a lifeline that allowed it to refocus on a new line of graphics products.

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