Nvidia Hits $5 Trillion Valuation Amid AI Chip Dominance
Nvidia Corp. became the first company to reach a $5 trillion market valuation, fueled by explosive demand for its AI processors. The milestone follows CEO Jensen Huang's announcement of $500 billion in orders for next-generation Blackwell and Rubin chips at the GTC Conference in Washington.
Wall Street analysts project $800 billion annual revenue potential as Nvidia cements its lead in AI infrastructure. Melius Research lifted its price target to $300, citing insurmountable advantages in chip design and software over rivals AMD and Intel.
The stock's 54% year-to-date surge reflects Nvidia's stranglehold on data center and cloud computing markets. Despite rising costs, robust profit margins continue to attract institutional investors betting on AI's long-term growth trajectory.
