NVIDIA CEO Jensen Huang joins the ‘Sunday forum’ to discuss the new US Blackwell Chip, that Trump-Era tariffs have helped drive domestic production and efforts to increase production in America.
Nvidia on Wednesday became the first company in history to reach a market valuation of $ 5 trillion, marking the meteoric growth driven by the Global Artificial intelligence (AI) Boom.
Shares of the leading AI chipmaker rose 3% to close at $207.04 on Wednesday, giving the company a market value of $5.03 trillion. The milestone highlights Nvidia’s rise from a Video Game Graphics Company to the Force behind the AI revolution.
“Nvidia is in epicenter mode,” CEO Jensen Huang said earlier this month on Fox News’ “Sunday briefing.” “We are the engine of the greatest industrial revolution in human history. The last ones were the heat engine, electricity, information technology, and now we are creating artificial intelligence.”
The stock of the low-cost California company has already gained Twelve-Fold since the launch of Chatgpt in 2022, according to Reuters.
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Jensen Huang, founder and CEO of Nvidia Corp., speaks during a press conference at the Nvidia GPU Technology Conference (GTC) in San Jose, California, on March 19, 2025. (David Paul Morris/Bloomberg via Getty Images/Getty Images)
The record-setting follows a full day after Huang revealed a sweeping line of new AI initiatives and partnerships. The company announced on Tuesday it had secured $500 billion in AI chip orders and will build seven supercofties for the US government, the report said.
Nvidia also announced on Tuesday that it will pay $1 billion for a stake in Nokia, according to Reuters.
The value of $5 trillion comes just three months after nvidia was valued at $4 trillion, putting it ahead of other tech trends. Only Apple and Microsoft had previously crossed the $4 trillion threshold.
Founded in 1993 by electrical engineers Jensen Huang, Chris Malachowsky, and Curtis Priem, Nvidia began as a modest startup in California’s Bay Area.
The founders initially targeted the gaming market as a means of generating revenue while looking at complex computer problems that could drive future growth.
A few years after its launch, Nvidia fell on hard times after going back to developing a graphics card for the SENADCACT Video Game Platform. It had a high finance room and housed more than half of its employees. The investment from Sega American CEO SHOiChoro Irimajiri has given the lifestyle allowed to adapt to a new line of graphics products.
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Nvidia headquarters in Santa Clara, California, on Aug. 28, 2024. (Loren Elliott/Bloomberg via Getty Images/Getty Images)
NVIDIA CEO says he is in talks with Trump Admin about selling Blackwell Chip to China
In 1999, the company introduced the so-called Graphics Processing Unit (GPU), which helped revolutionize the computer industry. Nvidia went public that year, and its shares traded below $1 a share until early 2000.
In 2006, Nvidia developed the Cuda software platform and API that allows programmers to extract computing power from the GPU. In the following years, AI research groups began to use large amounts of GPU to accelerate deep neural networks, which Nvidia refers to as “the Big Bang of today’s ai.
The use of GPUS accelerated a deep study of the 50-year-old feature in a three-year search later this year.
Nvidia released its breakthrough RTX GPU in 2018, which saved the company’s stock over $60 a share.
The next few years saw further advancements in GPU and enabled chips, leading Nvidia to contribute to the creation of the metaverse. Its stock was above $100 a share for all of 2022 and began to rise the following year amid the rise of AI.
NVIDIA Corp. chips during the Taipei Computex Expo in Taipei, Taiwan, on May 29, 2023. (HWA Cheng/Bloomberg via Getty Images)
Nvidia released the Grace Hopper Superchip in 2023, and at the end of the year its stock price was about $500 a share.
More developments in 2024, including the announcement of Blackwell, the next AI Chip that serves as a successor to Grace Hopper, sent its stock higher.
In March of this year, Huang announced plans to invest hundreds of billions of dollars in US supply chains over the next four years. A month later, he unveiled plans to produce NVIDIA AI supercomputers in the US for the first time.
“This all started with President Trump wanting to redefine the United States,” Huang said earlier this month on “Sunday Sunday.” His taxes were a pressing agent in making this happen at the speed we are doing, and now just after getting the most advanced AI chips here in the United States. This is just the beginning of it. “
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A spokesman for Nvidia declined to comment.
FOX News Digital’s David Rutz contributed to this report.
