The chipmaker’s milestone comes one day after Apple scored a $4 trillion market value.
Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 in San Jose, Calif., on March 18, 2025. Justin Sullivan/Getty Images
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Shares of chip titan Nvidia jumped by about 5 percent on Oct. 29, making it the first company to achieve a $5 trillion market cap.
The latest accomplishment for the tech giant reflects the company’s meteoric ascent in recent years amid the wider artificial intelligence-fueled boom in global financial markets.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
