Nvidia Becomes First Company Worth $5 Trillion

Core Insights - Nvidia has become the first company in history to achieve a market valuation of $5 trillion, driven by exponential growth in its stock price over the past decade [1][2] - The company's shares rose by 3.4% to approximately $207.85, setting a new intraday high [1] Market Capitalization - Nvidia's market capitalization increased from about $4.89 trillion to $5.06 trillion, surpassing other major companies like Microsoft ($4 trillion) and Apple ($3.9 trillion) [2] Stock Performance - Nvidia's stock has surged over 44,000% in the last decade, significantly outperforming the Nasdaq (up 420%) and S&P 500 (263%) [3] - A $1,000 investment in Nvidia at its low of $0.47 in February 2015 would now be valued at $441,000 [3] Economic Comparison - Nvidia's valuation exceeds Germany's gross domestic product of $4.6 trillion, ranking it among the world's largest economies [4] Company Background - Nvidia was valued at just over $10 billion in 2015 and has rapidly ascended to become the world's most valuable company due to soaring demand for AI hardware and software [5] - Major customers include OpenAI, Tesla, Meta, Amazon, and Oracle, contributing to Nvidia's market rise [5] - Recent announcements include expectations of $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government [5] Leadership and Wealth - CEO Jensen Huang holds approximately 3% equity in Nvidia, with a net worth estimated at $174.4 billion, making him the eighth-richest person globally [6]