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Nvidia becomes worlds first USD5t company

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The news: Nvidia has become the world’s first USD5 trillion ($7.57 trillion) company after stock in the chip giant surged on strong sales of its AI systems and the potential of greater access to the Chinese market.

The numbers: The US company climbed 5.2% to USD211.47 as of 9:36am New York time (12:30am AEDT), Wednesday morning, adding more than USD200 billion to its market capitalisation to reach USD5.13 trillion.

Nvidia’s shares have climbed over 85% in the past six months, and notched a 50% gain this year through to Tuesday’s close. The company passed the USD4 trillion milestone just four months ago.

Nvidia itself is responsible for the S&P 500 Index’s 17% advance in 2025.

The context: The news comes after US President Donald Trump had said that he plans to discuss the future of Nvidia’s Blackwell chips with Chinese leader Xi Jinping when the two meet on Thursday morning. Trump’s comments added to speculation that Nvidia may possibly be able to regain access to the massive Chinese market for its semiconductors.

US export controls have meant that Nvidia could not export the chips to China.

On Tuesday this week, Apple reaching a USD4 trillion valuation for the first time and Microsoft reached the same milestone for the second time after previously reaching it in July.

The sources: FT, Bloomberg, Reuters


By Paige McNamee