NVIDIA’s market value climbed beyond $5 trillion on Wednesday, following a more than 3% rise in its share price. The move made it the first company in history to cross the $5 trillion threshold, reinforcing its dominance in the artificial intelligence (AI) semiconductor market.
It hit the $4 trillion mark just three months ago.
The milestone came shortly after CEO Jensen Huang revealed that NVIDIA expected $500 billion in AI chip orders. The company also announced plans to build seven new supercomputers for the US government to support advanced AI research and national computing infrastructure.
Its rapid ascent has been driven by strong demand for its high-performance chips, which power approximately 80% of Generative AI applications globally.
In parallel, NVIDIA revealed a new strategic partnership with Nokia to integrate its commercial-grade, AI-powered RAN (Radio Access Network) technology into Nokia’s product portfolio. The collaboration aims to enable communication service providers to deploy AI-native 5G-Advanced and 6G networks using NVIDIA’s computing platforms.
As part of the agreement, NVIDIA committed to invest $1 billion in Nokia, acquiring shares at a subscription price of $6.01 per share, subject to customary closing conditions.
The partnership underscored NVIDIA’s intention to expand beyond AI data centres and into telecommunications infrastructure, as network providers increasingly turn to AI to manage, optimise, and secure next-generation wireless systems.
Microsoft and Apple recently surpassed the $4 trillion valuation milestone, underscoring a wider technology rally driven by growing optimism over increased investment in AI.
