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Nvidia Achieves Historic $5 Trillion Valuation Amid AI Surge

KVIA•Saturday, February 7, 2026 at 6:00 AM•CNN Newsource

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AI Summary

Nvidia has made history by briefly surpassing a $5 trillion market valuation in October, driven by soaring demand for its AI chips, which command an 81% market share in data center revenue. The company's stock has skyrocketed 12-fold since the launch of OpenAI's ChatGPT in late 2022. In the latest quarter, Nvidia reported over 60% growth in sales and profits, exceeding Wall Street expectations. Despite facing challenges such as increasing competition and concerns about an AI bubble, Nvidia is poised for future growth with projections of $500 billion in revenue by 2026. The company continues to expand its global partnerships, including significant investments in AI infrastructure and collaborations with major tech firms and governments worldwide.

Key Details: • Nvidia's next-generation Vera Rubin chip expected in late 2026. • Projected revenue of $500 billion by 2026. • Partnerships with Uber for self-driving cars and the US Department of Energy for quantum supercomputers. • Nvidia invested $5 billion in Intel for custom data centers. • Collaboration with European nations for AI infrastructure development.

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