Nvidia becomes first $5 trillion firm as AI rally picks up steam

Tehnologie

Nvidia achieved a historic $5 trillion market capitalization on Wednesday as CEO Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new heights. The shares closed 3.1% higher at $207.16, propelling Nvidia just over the milestone. It’s only been four months since the company cracked the $4 trillion barrier, and the rally has accelerated as Huang forges new agreements to supply companies from Nokia Oyj to Samsung Electronics and Hyundai Motor Group with chips. Nvidia