Nvidia becomes first company to pass $5 trillion market capitalisation

EuronewsCenterEN 3 min read 100% complete October 29, 2025 at 03:28 PM
Nvidia becomes first company to pass $5 trillion market capitalisation

AI Summary

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Nvidia became the first company to reach a $5 trillion market capitalization in early 2025, surpassing Apple's previous milestones. The surge is attributed mainly to high demand for Nvidia’s chips driven by the artificial intelligence boom. CEO Jensen Huang disclosed $500 billion in chip orders and announced partnerships with Uber and Nokia, focusing on AI supercomputers and 6G technology. Concerns about an AI bubble have been raised by officials at the Bank of England and the International Monetary Fund. Nvidia's market cap now exceeds the GDP of India, Japan, and the United Kingdom combined.

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