Nvidia Becomes World's First $5 Trillion Company, Fueled by AI Boom

Chipmaker Nvidia has made history by becoming the first publicly traded company to reach a market capitalization of $5 trillion. This milestone, achieved just three months after crossing the $4 trillion mark, underscores the explosive growth driven by the global artificial intelligence boom. The ravenous demand for Nvidia's specialized processors, which are critical for developing and running advanced AI systems, has propelled its stock to unprecedented levels, placing its valuation above the GDP of nations like Japan and the UK.