AI boom drives trillion-dollar tech valuations and record bets on chipmakers

Sebastian Ujică

Top technology companies hit fresh valuation milestones in October, as their shares climbed on expectations of robust demand for AI chips and computing infrastructure driven by the artificial intelligence boom. Nvidia’s shares jumped nearly 11 per cent over the past month, adding about $500 billion in market value as it became the first company to reach a $5 trillion valuation. Chief Executive Jensen Huang this week announced $500 billion in AI chip orders and plans to build seven

AI boom drives trillion-dollar tech valuations and record bets on chipmakers https://www.channelnewsasia.com/ - 30.10.2025 17:06

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AI boom drives trillion-dollar tech valuations and record bets on chipmakers https://www.channelnewsasia.com/ - 30.10.2025 17:06