Nvidia becomes first company to close above $5 trillion market cap

Nvidia (NVDA) on Wednesday became the first company in history to top a $5 trillion market valuation at the start of the trading day and hold on to it through the close. The company reached the milestone after comments from President Trump on Wednesday ahead of a planned meeting with CEO Jensen Huang added to optimism around prospects for Nvidia's sales in China. Trump told reporters Wednesday that he and Huang would be "speaking about Blackwells," Bloomberg reported, referring to the company's AI chips, ...