NVIDIA Corporation has achieved a historic milestone by becoming the first company in the world to attain a $5 trillion market capitalisation, surpassing India’s nominal GDP, which stands at approximately $4.2 trillion.
On Wednesday, October 29, NVIDIA’s shares rose by over 4% during early U.S. trading hours, lifting its total market value to about $5.05 trillion. The surge reinforces NVIDIA’s position at the forefront of the global artificial intelligence (AI) and semiconductor industry, ahead of other major technology companies.
Record AI Chip Orders Worth $500 Billion
Chief Executive Officer Jensen Huang announced that the company has received AI chip orders worth $500 billion for delivery over the next four years. The demand spans multiple sectors, including supercomputing, cloud data centers, autonomous vehicles, and generative AI systems.
The company also unveiled several key initiatives, including:
- The construction of seven AI supercomputers for the U.S. Department of Energy, aimed at advancing national research and defence projects.
- A strategic partnership with Uber to support the development of autonomous driving technologies.
- A $1 billion investment in Nokia to jointly develop 6G network infrastructure, expanding NVIDIA’s reach into telecommunications and edge AI computing.
NVIDIA’s Market Capitalisation Milestones
Since its initial public offering (IPO) in 1999, when it was valued below $1 billion, NVIDIA’s market journey has marked several key milestones:
- 2007: Crossed $10 billion, supported by strong demand for its GeForce GPUs.
- 2024: Reached $1 trillion, and rapidly doubled and tripled its value thereafter.
- July 2025: Touched $4 trillion, further strengthening its global market presence.
- October 2025: Became the first company in history to surpass a $5 trillion market valuation.
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