NVIDIA has crossed the $5 trillion market cap threshold, becoming the first company to reach that valuation.
The Santa Clara, California, chipmaker’s shares hit $207 on Wednesday, surpassing the $205.76 needed to achieve the historic milestone, The Wall Street Journal reported. The company’s market value is now double Canada’s entire roughly $2.45 trillion economy. (RELATED: NVIDIA’s New Robot Uses Fake Data To Learn Faster Than Humans Can Teach)
The surge follows a string of major partnerships with OpenAI, Oracle, Nokia, and pharmaceutical giant Eli Lilly. CEO Jensen Huang’s recent speech in Washington, D.C. added momentum to the stock’s climb this week.
NVIDIA designs graphics processing units that power artificial intelligence systems, positioning the company at the center of the AI boom that continues to drive markets to new records. The chipmaker now exceeds the combined value of AMD, Arm Holdings, ASML, Broadcom, Intel, Lam Research, Micron, Qualcomm and Taiwan Semiconductor Manufacturing Co., according to Dow Jones Market Data.
NVIDIA CEO Jensen Huang is delivering a live keynote in Washington, D.C. for the first time at #NVIDIAGTC
🌎 Join us as he shares what’s next in agentic AI, robotics, and accelerated computing.
Watch Now: https://t.co/OdJRctQv6L pic.twitter.com/IwJgufUgIN
— NVIDIA GTC (@NVIDIAGTC) October 28, 2025
The company’s value also surpasses entire S&P 500 sectors, including utilities, industrials and consumer staples.
NVIDIA agreed in September to invest up to $100 billion in ChatGPT creator OpenAI. The deal allows the startup to build and deploy at least 10 gigawatts of NVIDIA systems for its AI data centers.
Some investors and analysts warn of a potential AI bubble similar to the dot-com era. Technology companies are spending hundreds of billions on data centers and chips while taking on substantial debt, though current revenue remains relatively small.
NVIDIA first reached $2 trillion in March 2024 and hit $3 trillion just 66 trading sessions later. Apple and Microsoft touched the $4 trillion mark for the first time Tuesday, trailing NVIDIA’s rapid ascent.