Nvidia becomes first public company worth $5 trillion

TechCrunchCenterEN 2 min read 100% complete by Ivan MehtaOctober 29, 2025 at 04:52 PM

AI Summary

medium article 2 min

Nvidia became the first public company to reach a $5 trillion market capitalization due to soaring demand for its GPUs used in AI and data center applications. Shares rose 5.6% on news that U.S. President Donald Trump planned to discuss Nvidia’s Blackwell chips with Chinese President Xi Jinping, alongside CEO Jensen Huang's optimistic outlook on future sales and investments. The company also announced a $1 billion investment in Nokia for AI-native network development. Nvidia’s market cap surged past the $4 trillion mark just three months prior and has increased by over 50% this year. This growth reflects broader optimism about AI technology revolutionizing industries globally, driving significant investments in data center infrastructure to support advanced AI models.

Key Topics & Entities

US 30% OpenAI 30% Nokia ×240% Jensen Huang 40% Xi Jinping ×250% Donald Trump ×250% Nvidia ×9100%

Keywords

nvidia 100% ai boom 90% $5 trillion market cap 80% ai chip sales 80% gpu demand 70% tech stocks surge 70% data centers 70% supercomputers 60% openai 60% $1 billion investment 50%