Chipmaker Nvidia hits $5 trillion valuation

Al JazeeraCenterEN 2 min read 100% complete by By ReutersOctober 29, 2025 at 05:59 PM

AI Summary

medium article 2 min

Nvidia reached a $5 trillion market valuation on October 29, 2025, just three months after surpassing $4 trillion. This milestone underscores Nvidia's rapid transformation from a graphics chip designer to a key player in the global AI industry. Since the launch of ChatGPT in 2022, Nvidia’s stock has surged twelvefold, making CEO Jensen Huang a Silicon Valley icon and highlighting the company's role in US-China tech rivalry. The valuation surpasses total cryptocurrency market value and equals about half the size of Europe’s Stoxx 600 index. At an event, Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the US government. President Donald Trump is scheduled to discuss Nvidia's Blackwell chip with Chinese President Xi Jinping amid export control tensions over high-end chip sales.

Key Topics & Entities

US 50% Xi Jinping 50% Donald Trump 60% China ×270% Jensen Huang ×280% Nvidia ×7100%

Keywords

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