Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025.
Shares of Nvidia rose more than 4% Wednesday, making the tech giant the first company to cross the $5 trillion market value threshold.
The extraordinary milestone reflects a remarkable rise for the company, which has evolved from a niche video game processor to an integral player in the artificial intelligence boom.
Nvidia's stock, which closed up 5% Tuesday, has climbed more than 50% year-to-date.
The latest move higher comes shortly after CEO Jensen Huang said Nvidia expects $500 billion in AI chip orders and announced plans to build seven new supercomputers for the U.S. government.
Separately, Nvidia announced on Tuesday that it is taking a $1 billion stake in Nokia , forming a strategic partnership with the networking company to develop next-generation 6G cellular technology.