Nvidia became the first company to surpass a market value of 5 trillion dollars.

Nvidia Makes History

Nvidia has earned the title of being the world's first company to exceed a market value of 5 trillion dollars thanks to a strong increase in its stock prices. As of 16:35 TR time, Nvidia shares rose by over 4%, reaching a level of 210.80 dollars. The company's market value is reported to have reached 5.1 trillion dollars.

The Most Valuable Company in the World

Nvidia, with its market value, has obtained the position of the most valuable company in the world, followed by Microsoft. Microsoft’s market value stands at 4.03 trillion dollars, while Apple is at 4 trillion dollars. These figures are indicative of the fierce competition among the tech giants in the industry.

Artificial Intelligence and Strategic Partnerships

Nvidia CEO Jensen Huang announced the company's new initiatives in the field of artificial intelligence during an event held on October 28. Huang disclosed plans for 7 new artificial intelligence supercomputer projects to be carried out in collaboration with the U.S. Department of Energy. He also mentioned an expected 500 billion dollar order for artificial intelligence chips.

Investments and Partnerships

Nvidia continues to attract attention with its investment strategies. The company announced it will make a 1 billion dollar investment in the Finland-based telecommunications equipment manufacturer Nokia. Additionally, it aims to strengthen its technological investments through strategic partnerships with giants like Palantir Technologies, Uber, Eli Lilly, and Oracle.

Rapid Increase in Market Value

Nvidia's market value has gained significant momentum due to the high demand for artificial intelligence chips in recent years. The company first surpassed the 2 trillion dollar mark in February last year, reached 3 trillion dollars in June, and then crossed 4 trillion dollars in July. Now, this value has reached 5.1 trillion dollars, setting a record.