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Nvidia Becomes First Company to Reach $5 Trillion Market Cap

Demand for its AI processors drove a fresh stock rally that also boosted CEO Jensen Huang’s wealth to about $180 billion.

Overview

  • Shares closed at $207.04 after touching $212.19, putting Nvidia’s market value near $5.03 trillion, according to closing data reported Thursday.
  • The milestone followed a jump of more than 5.6% on October 29 that pushed the company past the $5 trillion threshold during trading.
  • Forbes’ real-time index now estimates Huang’s net worth at roughly $179.6–$182 billion, including a single-day gain of about $7.6 billion reported this week.
  • Huang said the company has about $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government, alongside new ties with OpenAI and Eli Lilly and a $1 billion investment in Nokia.
  • Nvidia’s H100 and Blackwell processors underpin leading AI services such as ChatGPT and xAI and are widely used by major cloud and tech platforms including Amazon, Meta, and Google.