Nvidia Nears Historic $5 Trillion Valuation on AI Chip Demand
Nvidia's market capitalization approaches an unprecedented $5 trillion as shares climb 3.1% in premarket trading. The semiconductor giant's rally follows CEO Jensen Huang's disclosure of $500 billion in orders for next-generation Blackwell and Rubin AI processors at the GTC conference.
Seven forthcoming U.S. government supercomputers will utilize Nvidia's technology, signaling institutional confidence in its AI infrastructure. Wall Street analysts highlight the order volume as evidence of earnings potential exceeding current projections.
The stock has appreciated nearly 50% year-to-date, maintaining a Strong Buy consensus with a $225 average price target. This milestone WOULD cement Nvidia's position as the most valuable company in history, surpassing its $4 trillion valuation achieved in July.
