Nvidia poised for record $5 trillion in market valuation

Core Insights - Nvidia shares increased by 3% in premarket trading, positioning the company to reach a market valuation of $5 trillion [1] - CEO Jensen Huang announced $500 billion in AI chip bookings, indicating strong demand for Nvidia's products [1] Company Summary - Nvidia's market valuation is on track to hit $5 trillion, reflecting investor confidence and market performance [1] - The announcement of $500 billion in AI chip bookings highlights the company's leadership in the AI semiconductor market and its growth potential [1]