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Nvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
CNBC Televisionยท 2025-10-29 15:30
Carl, we were previously talking about the $4 trillion club and now Nvidia is the sole member of the $5 trillion club. President Trump telling reporters just uh overnight that he would bring up quote super duper Blackwell chips with President Xi in trade talks and that definitely helped the stock momentum today. But the stock really moved on revenue visibility.Yesterday, Nvidia's CEO pointed to $500 billion in cumulative data center revenue for 2025 and 2026. That number really surprised a lot of the street ...