Nvidia Makes History: The First Company to Reach a Value of 5 Trillion Dollars.

Nvidia (NVDA) made history on Wednesday, becoming the first company to reach a market value of $5 trillion. The stock rose by 3.4% at the market open, solidifying its status as the company that has gained the most from the artificial intelligence (AI) boom.

This significant milestone was further bolstered by President Donald Trump’s statements. Trump increased optimism regarding the company's sales in China ahead of a meeting with Nvidia CEO Jensen Huang. Trump told reporters that they would discuss "Blackwells," referring to the company’s AI chips, implying that a version of these chips may receive export approval to China.

Nvidia stated in its most recent quarterly report on August 27 that it had not sold its previous-generation H20 chips to China. In July, the White House announced that it had reached an agreement with Nvidia to export H20 chips to China in exchange for a 15% revenue share. However, Nvidia clarified that this arrangement has not yet been formalized.

On Wednesday, Nvidia's stock gains were triggered by announcements made during Tuesday's GTC event. At this event, Nvidia announced plans to build seven new supercomputers in collaboration with the U.S. Department of Energy, one of which will use 10,000 Blackwell GPUs.

Additionally, while making a deal to develop an autonomous vehicle fleet with Uber, the company also signed an agreement to sell 1,000 GPUs to pharmaceutical firm Eli Lilly (LLY). Nvidia will also collaborate with Nokia to develop next-generation 6G cellular technology.

In addition to partnerships with Palantir and Oracle, telecommunication partnerships with Cisco and T-Mobile for the development of wireless 6G infrastructure also drew attention. The company emphasized the power of AI technology to support robotic initiatives with firms from various sectors such as Amazon, Foxconn, Caterpillar, and Belden.

The company also announced Nvidia NVQLink, a new open system architecture aimed at accelerating the development of quantum supercomputers. Significant collaborations have been established in this field with partners such as Rigetti and IonQ.

During his keynote on Tuesday, Huang stated that the company expects to earn $500 billion from GPU sales by the end of 2026. The company's total revenue surpassed $100 billion in the first two quarters of this year.

Nvidia shares have gained more than 50% this year and have also more than doubled since the lows experienced in April following Trump’s "Day of Liberation" tariff announcements. On Tuesday, the S&P 500 index also reached a record high.

Nvidia is witnessing rapid purchases of GPUs by Amazon, Google, Microsoft, Meta, Oracle, OpenAI, and various research laboratories worldwide to support their data center construction projects. Nvidia is also investing up to $100 billion, utilizing its own cash, in this process, with OpenAI standing out as one of its key customers.

Currently, while Nvidia maintains its leadership in AI chips, competition in the field is intensifying. Competitor AMD signed a deal with OpenAI for AI processors worth 6 gigawatts, and also made a separate agreement with Oracle for 50,000 GPUs. Qualcomm announced its entry into the AI data center market with its own AI accelerator chips. Among its customers are Amazon, Google, and Microsoft, who are increasingly turning to develop and utilize their own AI chips.

However, at present, Nvidia continues to uphold its leadership position in the AI field.