Nvidia Becomes First $5 Trillion Company as AI Demand Surges

Nvidia achieved a $5 trillion market capitalization, marking a significant financial milestone. This achievement occurred merely 3.5 months after reaching the $4 trillion mark. The company's share price surged 14.5% recently, fueled by high GPU demand and potential sales in China. Current US restrictions limit Nvidia's advanced chip sales to China, though discussions of changes are underway. Nvidia's AI chips are crucial for AI model development, driving widespread tech company investment in the field. Apple, among others, is investing heavily in AI infrastructure to power its upcoming capabilities. Despite Nvidia's faster growth, Apple also briefly reached a $4 trillion valuation. Apple produces AI servers for its internal use, but it is unlikely it will compete with Nvidia in the server market. These circumstances highlight a rapidly evolving landscape in the tech industry, driven by AI advancements..