Core Viewpoint - NVIDIA Corporation has achieved a significant milestone by becoming the first company to reach a market capitalization of $5 trillion, driven by strong demand for AI technology and strategic investments [1][4][5] Group 1: Stock Performance - NVIDIA's stock price increased by 4.5% to $210, following a 5% rise the previous day, reflecting positive market sentiment [1] - The stock has seen a remarkable increase of over 50% since the beginning of the year and has surged by more than 44,000% over the past decade, significantly outperforming major indices like the Nasdaq and the S&P 500 [3] Group 2: Strategic Investments and Partnerships - NVIDIA announced a $1 billion investment in Nokia and partnerships with Oracle and Palantir Technologies to enhance AI infrastructure and develop AI supercomputers [2][5] - These strategic initiatives are expected to bolster NVIDIA's position in the AI market and contribute to its growth strategy [2][5] Group 3: Market Position and Customer Base - NVIDIA's market value now surpasses Germany's GDP of $4.6 trillion, positioning it ahead of major global economies [4] - The company's largest customers include OpenAI, Tesla, Meta, Amazon, and Oracle, highlighting its strong presence in the AI industry [4]
NVIDIA Corporation (NASDAQ:NVDA) Achieves Historic Market Cap Milestone