Nvidia Is Now Worth $5 Trillion as It Consolidates Power in A.I. Boom

THE NEW YORK TIMES: The A.I. chip maker has become a linchpin in the Trump administration’s trade negotiations in Asia.

As Jensen Huang, the chief executive of the chip making giant Nvidia, traveled to Asia to meet with President Trump on Wednesday, his company’s value topped $5 trillion. It was a show of wealth that would have been unthinkable a few years ago.

But that was before the ChatGPT chatbot ignited an artificial intelligence boom that is remaking the global economy. It was before other tech titans began spending hundreds of billions of dollars on construction projects on almost every continent. And it was before Nvidia’s computer chips, the most essential and expensive component in almost every A.I. scheme, became a linchpin of the Trump administration’s foreign policy.

Nvidia’s milestone, making it the first publicly traded company to top $5 trillion in market value, is indicative not only of the astonishing levels of wealth consolidating among a handful of Silicon Valley companies but also the strategic importance of this company, which added $1 trillion in market value in just the past four months.

Nvidia has become a driving force behind the U.S. economy. Spending on data centers, which are filled with the company’s chips, accounted for 92 percent of the country’s gross domestic product growth in the first half of the year, according to Jason Furman, a professor of economic policy at Harvard. Without it, the economy would have grown 0.1 percent. » | Tripp Mickle | Reporting from Washington | Wednesday, October 29, 2025

Nvidia Briefly Worth $1 Trillion Thanks to AI Boom - BBC News

May 31, 2023 | Nvidia briefly joined the elite club of US companies worth more than $1 trillion for at least a few hours thanks to AI boom. Chip maker Nvidia briefly joined the ranks as its share price shot up more than 5% before retreating. Shares had already jumped more than 25% last week after the company forecast "surging demand" due to advances in artificial intelligence (AI).