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Nvidia storms past $5tr valuation as AI boom powers meteoric rise
Gulf Today
|October 30, 2025
Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the centre of the global artificial intelligence boom.
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The milestone underscores the company’s swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning CEO Jensen Huang into a Silicon Valley icon and making its advanced chips a flashpoint in the tech rivalry between the US and China.
Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the Al frenzy propelled the SAP 500 to record highs, igniting a debate on whether frothy tech valuations could lead to the next big bubble.
The new milestone, coming just three months after Nvidia breached the $4 trillion mark, would surpass the total cryptocurrency market value and equal roughly half the size of Europe’s benchmark equities index, the Stoxx 600 index.
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