Nvidia reached a market capitalization of $5 trillion — an absolute record in history
The American company Nvidia has officially surpassed the $5 trillion market capitalization mark, becoming the most expensive public company in the world and the first to reach such a figure.
This historic achievement was made possible by the rapid growth of interest in artificial intelligence, large-scale partnerships, and record volumes of orders for AI chips.
What is known
Today — October 29 — Nvidia's shares rose by more than 5%, reaching $211.96 per share, which allowed the company to significantly widen its lead over Microsoft and Apple, whose capitalization stands at $4 trillion. In the last four months, Nvidia added $1 trillion, accelerating growth after entering into strategic agreements with OpenAL, Samsung, Hyundai, Oracle, Nokia, and Palantir.
The key driver of success is Nvidia's graphics and AI processors, including the Blackwell and H100 line, which have become the standard in the machine learning industry.
Since the launch of ChatGPT, which is one of the main "consumers" of Nvidia chips, in 2022, the company's shares have increased 12 times. CEO Jensen Huang has become a symbol of the AI revolution, and Nvidia itself is its technological core. Today, it is worth more than all the companies included in Germany, France, and Italy's stock indices combined. At the same time, many analysts believe that such a capitalization of Nvidia is a bubble and does not reflect the real value of the company since it participates in many mutual investment operations that artificially inflate its stock value.
