Wall Street Soars as Nvidia Becomes First $5 Trillion Company in History

Wall Street reached new heights on Wednesday as U.S. stock indices posted fresh record highs, fueled by the unstoppable rise of Nvidia — now officially the world’s first $5 trillion company. The milestone marks a historic moment for the tech-driven market, underscoring how artificial intelligence continues to redefine global finance and corporate power.

The Silicon Valley chipmaker’s stock surged nearly 5%, pushing its valuation beyond the $5 trillion mark just three months after crossing $4 trillion. This remarkable climb has been powered by booming demand for its advanced AI chips, massive government contracts, and ambitious plans to build seven new supercomputers across the United States.

At Wednesday’s open, Nvidia’s shares hit $207.86, with roughly 24.3 billion shares outstanding — bringing its total market capitalization to $5.05 trillion. To put the figure in perspective, Nvidia’s valuation now exceeds the entire annual GDP of major global economies including India, Japan, and the United Kingdom, based on International Monetary Fund data.

The broader market rallied alongside Nvidia’s record-breaking performance. The S&P 500 technology index climbed 1.4%, while the wider S&P 500 added 0.3%. The Nasdaq rose 0.7% and the Dow Jones gained 0.6%, as investors cheered both strong corporate earnings and mounting expectations of an interest rate cut from the Federal Reserve later in the day.

Nvidia’s meteoric rise has become the symbol of an era dominated by artificial intelligence. The company’s chips now underpin everything from large language models to self-driving cars, creating an insatiable global appetite for its technology. Investors view Nvidia as the clearest beneficiary of the AI revolution — and the company’s market momentum shows no signs of slowing down.

This week’s surge in U.S. equities reflects a broader sense of optimism sweeping through Wall Street. The AI boom, paired with expectations of lower interest rates and robust earnings, has propelled the stock market into uncharted territory. As one of the most transformative forces in modern business, artificial intelligence isn’t just reshaping industries — it’s rewriting financial history.