Copyright indiatimes
Nvidia on Wednesday, October 29 became the world’s first company to hit a $5 trillion market valuation, overtaking both Apple and Microsoft. The record-breaking surge came shortly after CEO Jensen Huang made a bold statement during the company’s GTC developer conference in Washington, D.C., saying Nvidia had “visibility into half a trillion dollars in revenue.”Huang revealed that Nvidia has secured more than $500 billion in chip orders through 2026. He added: “I think we are probably the first technology company in history to have visibility into half a trillion dollars [in revenue]”, referring to demand for the company's Blackwell and upcoming Rubin chip architecture. The remark, signaling massive demand for Nvidia’s artificial intelligence chips, sparked investor optimism and sent shares soaring more than 14% over the past five days. Despite facing setbacks in China due to export controls, Nvidia continues to expand its U.S. manufacturing operations, with Blackwell GPU production now in full swing in Arizona. The company also announced $1 billion in new partnerships with Nokia for 5G and 6G development and Oracle for building AI supercomputers for the U.S. Department of Energy.From a $1 trillion valuation in mid-2023 to $5 trillion in 2025, Nvidia’s rapid rise highlights its dominant position in the global AI chip market—and how a single line from Huang captured the scale of its growth.Nvidia becomes world’s first $5 trillion companyNvidia made history by becoming the first company ever to reach a $5 trillion market valuation. The company reached $5 trillion in market value just over three months after crossing $4 trillion, suggesting accelerating momentum in AI adoption across industries. Shares of the chipmaker rose more than 4%, pushing its market capitalisation past the threshold and cementing its position at the centre of the global AI boom.Nvidia ranks ahead of Microsoft ($4 trillion) and Apple ($3.9 trillion), as well as Google parent Alphabet ($3.2 trillion), Amazon ($2.4 trillion) and Meta ($1.8 trillion).
