Nvidia News Today: The chipmaker made history by reaching a $5 trillion market cap, becoming the most valuable company in the world. CEO Jensen Huang revealed $500 billion in AI chip orders, while talks with China and new U.S. manufacturing moves fuel investor excitement.
Nvidia Becomes First Company in History to Hit $5 Trillion Market Cap, Surpassing Apple and Microsoft
In a historic milestone for the tech world, Nvidia has officially become the world’s first company to reach a $5 trillion market capitalization, as its stock surged more than 3% in early trading Wednesday. The achievement solidifies the chipmaker’s place as the most valuable company on the planet, overtaking Microsoft and Apple, both valued around $4 trillion.
The record-setting rally followed a wave of optimism sparked by CEO Jensen Huang’s remarks at Nvidia’s GTC developer conference in Washington, D.C., on Tuesday. Huang revealed that Nvidia has already secured more than $500 billion in AI chip orders through 2026—a staggering figure that he described as giving the company “unprecedented visibility” into its future revenue stream.
“We are probably the first technology company in history to have visibility into half a trillion dollars in revenue,” Huang said, referring to demand for Nvidia’s Blackwell and upcoming Rubin AI chips.
Trump-Xi Talks Boost Nvidia’s China Prospects
Adding further fuel to Nvidia’s rally, President Donald Trump told reporters aboard Air Force One that he plans to discuss Nvidia’s Blackwell chip with Chinese President Xi Jinping during their upcoming meeting in Busan, South Korea. Trump praised the processor as “super-duper” and claimed it is “probably ten years ahead of any other chip.”
The talks could prove pivotal for Nvidia, which has been largely shut out of China’s market due to U.S. export restrictions and Beijing’s countermeasures. Once commanding a 95% market share in China, Nvidia’s revenue from the region has plunged, from $15.5 billion to just $2.8 billion in the most recent quarter.
The company had proposed sharing 15% of revenue from sales of its restricted H20 chip with the U.S. government in exchange for export licenses, but that arrangement has yet to be formalized. As a result, Nvidia has not shipped any H20 chips to China under the deal.
Manufacturing Comes Home to the U.S.
During the conference, Huang announced that Nvidia is now manufacturing its Blackwell GPUs in full production at a facility in Arizona, crediting Trump’s manufacturing policies for bringing production back to the United States. Nvidia has already shipped 6 million Blackwell chips in the past year and expects to deliver 14 million more over the next five quarters.
Expanding Partnerships and AI Power
Nvidia also unveiled major new partnerships that further extend its dominance in AI and cloud infrastructure. The company is investing $1 billion with Nokia to develop next-generation telecommunications gear for 5G and 6G networks. Additionally, Nvidia is teaming up with Oracle to build seven supercomputers for the U.S. Department of Energy, with the largest system powered by 100,000 Blackwell AI chips.
Huang highlighted that capital expenditures by major cloud players—Amazon, Google, Meta, Microsoft, Oracle, and CoreWeave—are projected to reach $632 billion by 2027, creating enormous demand for Nvidia’s hardware.
Rapid Rise to the Top
Nvidia’s journey to $5 trillion has been nothing short of explosive. The company’s valuation milestones tell the story:
- $1 trillion in June 2023
- $2 trillion in February 2024
- $3 trillion in June 2024
- $4 trillion in July 2025
- And now, $5 trillion in October 2025
Before the AI boom kicked off by OpenAI’s ChatGPT in late 2022, Nvidia was worth around $400 billion. Since then, its stock has skyrocketed, climbing more than 50% in 2025 alone and adding over $400 billion in market value in just the past two trading days.
The AI Engine Behind the Boom
Nvidia’s success is deeply tied to its graphics processing units (GPUs)—the essential engines powering artificial intelligence. Its chips train and operate the large language models behind today’s most advanced AI tools. Nvidia now controls roughly 90% of the global AI chip market, supplying the technology backbone for OpenAI, Microsoft, Meta, Amazon, and other major firms.
Apple and Microsoft Follow
Meanwhile, both Apple and Microsoft also joined the $4 trillion club this week. Apple’s surge came on the back of strong sales of the iPhone 17 series, while Microsoft’s valuation jumped after it expanded its stake in a restructured OpenAI.
As the AI revolution continues to reshape global markets, Nvidia’s dominance shows no signs of slowing. With unmatched demand for its chips, expanding U.S. production, and potential re-entry into China, the company stands as the clearest symbol of the new era of artificial intelligence-driven growth.
Keywords: Nvidia, Jensen Huang, AI chips, Blackwell GPU, Rubin chip, Donald Trump, Xi Jinping, Apple, Microsoft, $5 trillion, market capitalization, artificial intelligence, U.S. manufacturing, GTC conference.
