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Nvidia set to make history as it nears $5 trillion in valuation
Wednesday October 29, 2025. 01:58 PM , from Mac Daily News
The Santa Clara, California-based firm’s shares climbed 3.6% in premarket trading, bolstered by a series of recent announcements that solidified its dominance in the AI competition. Reuters: CEO Jensen Huang unveiled $500 billion in AI chip orders on Tuesday and said he plans to build seven supercomputers for the U.S. government. Moreover, President Donald Trump is expected to discuss Nvidia’s Blackwell chip with Chinese President Xi Jinping on Thursday, reflecting the company’s growing clout in an escalating U.S.-China tech rivalry. Nvidia’s $5 trillion valuation, coming just over three months after it crossed $4 trillion, would complete the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry, helping it outpace rivals and turning Huang into a Silicon Valley icon. That valuation would also surpass the entire cryptocurrency market and equal roughly half the value of the pan-European Stoxx 600 index. At current prices, CEO Huang’s stake in Nvidia would be worth about $177.4 billion, according to regulatory filings and Reuters calculations, making him the world’s eighth-richest person, per Forbes… Under his leadership, the company’s H100 and Blackwell processors have become the engines behind large-language models powering tools like ChatGPT and Elon Musk’s xAI… At the developer conference on Tuesday… he praised Trump’s “America First” policies for accelerating domestic tech investment, while warning that excluding China from Nvidia’s ecosystem could limit U.S. access to half of the world’s AI developers. MacDailyNews Take: While AI-laggard Apple and AI-wannabe Microsoft struggle to get to / stay above $4 trillion, Nvidia is pulling away – for now. A little birdie sings us very positive songs regarding Apple’s all-new next-gen Siri. – MacDailyNews, September 26, 2025 Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Nvidia set to make history as it nears $5 trillion in valuation appeared first on MacDailyNews.
https://macdailynews.com/2025/10/29/nvidia-set-to-make-history-as-it-nears-5-trillion-in-valuation/
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