AI chipmaker Nvidia has made history. On October 29 2025, the chipmaker surged past a staggering $5 trillion market valuation. With this milestone, it has become the first company ever to do so. The leap comes amid a rocket-fuelled climb driven by soaring demand for artificial intelligence (AI) chips and a string of blockbuster announcements.
A series of blockbuster milestones for Nvidia
The company revealed it has $500 billion in backlog orders for its high-end AI processors and plans to build seven supercomputers for the U.S. Department of Energy.
This milestone elevates Nvidia above tech giants like Apple and Microsoft in market value and turns its CEO, Jensen Huang, into a Silicon Valley icon.
Here are some more interesting nuggets from Nvidia’s rise to the top spot.
– Nvidia’s valuation has climbed 12 times since the launch of ChatGPT in 2022.
– Just three months ago, Nvidia was at the $4 trillion mark.
– It’s hard to believe that Nvidia’s market value was $1 trillion less than two years ago, in June 2023.
From gaming to betting big on AI
But the story isn’t just about size. It’s about timing, technology and geopolitics. Nvidia began as a graphics-chip maker. Today, its processors power the large-language models and data centres that run tools like ChatGPT. Its chips are also at the heart of U.S. efforts to restrict China’s access to cutting-edge AI hardware, making Nvidia a player in global tech competition as well as a corporate juggernaut.
Still, some warning lights are flashing. While the valuation is unprecedented, it rests heavily on future expectations. What that means is investors banking that AI growth will continue unchecked. Analysts caution that if the pace of spend slows, or if competitors chip away at Nvidia’s lead, the spectacular rally could wobble.
And yet, for now, the world is watching. As Nvidia becomes the first company to break through the $5 trillion barrier, it serves as a milestone for AI and tech, marking a shift not just in corporate value but in the very shape of computing, industry and finance.