As Nvidia’s market cap hits $5 trillion, these other tech giants are nearing trillion-dollar milestones of their own

Nvidia briefly surpassed a $5 trillion valuation in premarket trading, driven by positive announcements. Nvidia's plans to build supercomputers and the full production of Blackwell GPUs fueled investor optimism. Potential easing of the ban on Nvidia's chips in China also contributed to the surge. Apple recently crossed the $4 trillion mark, joining Microsoft and Nvidia in this exclusive club. Meta and Broadcom are approaching the $2 trillion valuation barrier, showcasing a trend of rising tech company valuations. Currently, there are eleven publicly traded companies with trillion-dollar valuations. Upcoming tech earnings reports, particularly regarding AI investments, could significantly impact these companies' market caps. Investors are keen on assessing the profitability and sustainability of AI-related expenditures. Positive earnings and continued growth could propel these companies further, while concerns about an AI bubble could trigger a decline. The trajectory of these tech giants hinges on investor sentiment and the actual impact of AI on their financial performance.