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Chipmaker Nvidia becomes world's first $5tn company

The Guardian

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October 30, 2025

The chipmaker Nvidia has become the world's first $5tn (£3.8tn) company amid a boom in the artificial intelligence industry, just three months after becoming the first company to break through the barrier of $4tn in market value.

- Blake Montgomery Nick Robins-Early

Nvidia's value is now greater than the GDP of countries including India, Japan and the UK, according to the International Monetary Fund. It has far outgrown its competitors, gaining momentum as numerous tech stocks have surged in recent days.

Shortly after US stock markets opened yesterday, Nvidia's shares touched $207.86, with 24.3bn shares outstanding, putting its market cap at $5.05tn. Ravenous appetite for Nvidia's chips, seen as the most cutting-edge in powering AI products and software, is the main reason that the company's stock price has increased so rapidly since early 2023.

The US stock market has reached record highs this week, buoyed by expansive investment in AI.

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