Nvidia's market capitalisation is nearing $5 trillion, driven by robust AI system sales and potential access to the Chinese market. The company's stock has seen a significant boost, with analysts predicting further growth. Nvidia currently holds the position of world's most valuable company. This surge is attributed to high demand for its AI chips and the construction of seven supercomputers for the U.S. government.
Nvidia's CEO, Jensen Huang, announced substantial bookings for Blackwell and Rubin chips, expected to generate $500 billion over the next five quarters. This financial outlook, combined with its leading role in AI technology, positions Nvidia to potentially surpass the $5 trillion mark.
Founded in 1993, Nvidia has become a major developer of graphics processors and chipsets. The company's market cap has increased significantly since its debut on the NASDAQ in 1999.
