October 29, 2025 News

Nvidia Reaches $5 Trillion Market Cap Milestone Driven by AI Chip Demand

Nvidia became the first public company to reach a $5 trillion market capitalization, driven by surging demand for its GPUs used in AI applications. The company expects $500 billion in AI chip sales and is building seven new supercomputers for the U.S., while also investing heavily in AI infrastructure partnerships including $100 billion commitment to OpenAI.