Nvidia becomes first public company worth $5 trillion | TechCrunch

Nvidia Reaches $5 Trillion Market Cap

Nvidia has become the first public company to surpass a $5 trillion market capitalization, exceeding the combined stock market value of all countries except the United States, China, and Japan.

The company's shares increased by 5.6% to $212.19 on Wednesday, driven by news that US President Donald Trump plans to discuss Nvidia's Blackwell chips with Chinese President Xi Jinping.

Nvidia CEO Jensen Huang expects $500 billion in AI chip sales and is building seven new supercomputers for the US, requiring thousands of Nvidia GPUs.

This milestone solidifies Nvidia's position as a leader in the AI boom, with its market cap now surpassing the aggregated stock markets of most countries.

Author's note: Nvidia achieves historic market value.

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TechCrunch TechCrunch — 2025-10-29