Science & technology

Nvidia Makes History as First Company to Hit $5T Valuation

Published OCT 29 2025

Story

Above: Nvidia Corp. CEO Jensen Huang during his keynote at the Nvidia GTC in Washington, D.C., on Oct. 28, 2025. Image credit: Kent Nishimura/Bloomberg/Getty Images

The Facts

Nvidia became the first company in history to reach a $5 trillion market valuation on Wednesday, with shares rising over 4% during trading.
Reuters
MINT
Forbes
The company's market capitalization grew from $4.89 trillion at Tuesday's close to surpass $5 trillion, achieving this milestone just three months after crossing the $4 trillion threshold in July.
Deadline
BNN Bloomberg
CEO Jensen Huang announced $500 billion in AI chip orders and unveiled plans to construct seven supercomputers for the U.S. Department of Energy to support nuclear arsenal maintenance, and research alternative energy sources such as nuclear fusion. The largest system, developed with Oracle, will use 100,000 of Nvidia's Blackwell chips.
Al Jazeera
Tech in Asia
Nvidia announced a $1 billion investment in Nokia on Tuesday, establishing a strategic partnership to develop next-generation 6G cellular technology and AI-driven networking solutions for communication providers.
CNBC
Technext
The company's stock has surged approximately 50% for 2025 year-to-date, as the firm has centered its role as a being hub of global artificial intelligence industry infrastructure.
Guardian
Business Standard
This comes as President Donald Trump indicated plans to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping, as the company navigates U.S. export controls while maintaining its position in the AI technology rivalry. Nvidia also separately announced partnerships, including with Eli Lilly and the U.S. Department of Energy.
Reuters
CNN
Forbes
Reuters
CNBC

Sources Split

LEFT

CENTER

RIGHT

ESTAB
CRIT

CENTER

PRO
ESTAB

The Spin

Narrative A

Nvidia hitting $5 trillion cements its dominance in the AI boom that's reshaping the world with unstoppable demand for its chips. Massive orders worth $500 billion and partnerships with giants like OpenAI and the U.S. government guarantee explosive growth ahead. This valuation screams smart investment in a tech revolution that's just revving up.

NVIDIA Blog

BNN Bloomberg

Morning Brew on X

Narrative B

Nvidia's $5 trillion valuation seems to be driven by an overhyped AI bubble, characterized by circular spending and vague promises that lack tangible cash returns. This frenzy overlooks significant risks, such as export restrictions and competitors diminishing its market lead. Such an inflated price creates the potential for a substantial correction when the hype inevitably collides with reality.