Nvidia, ai and Jensen Huang
Digest more
NVIDIA Becomes 1st $5 Trillion Company
Digest more
US President Donald Trump said he didn’t discuss approving sales of Nvidia Corp.’s Blackwell chips to China with his counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful AI accelerators to the world’s largest semiconductor market.
B EFORE CO-FOUNDING Nvidia, the pioneer of artificial-intelligence (AI) chips, Jensen Huang was a busboy at Denny’s, a restaurant chain. He playfully reminded people of this on
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Nvidia just became the first company ever worth $5 trillion, meaning those who own even just a fraction of a percent of the high-flying stock are now super rich. The latest to join the billionaire club: 77-year-old venture capitalist and longtime Nvidia board member Brooke Seawell,
Nvidia has hit a new milestone, becoming the first company in the world to reach a market value of $5tn (£3.8tn). The US chip giant has rapidly climbed from a niche graphics-chip designer to an AI titan, as euphoria about the potential of artificial intelligence keeps driving demand for its chips and propelling its stock to record highs.
Trump has many reasons to be interested in Nvidia. The company’s AI chips are critical in America’s AI arms race with China, and Huang made a $500 billion investment pledge for Trump’s domestic manufacturing drive this year, larger than any company except Apple.
Nvidia, a leading company in accelerated computing, has selected Joby as its only aviation launch partner for its new platform, Nvidia IGX Thor, in a move Joby believes will advance its own
In the past year, Nvidia stock has advanced 45%, bringing its market value to $5 trillion. More impressive, Palantir Technologies stock has advanced 335%, bringing its market value to $465 billion. That means the companies, in aggregate, are worth about $5.4 trillion.
The ravenous appetite for Nvidia's chips is the main reason that the company’s stock price has increased so rapidly.