The Wall Street milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry.

Hyundai Motor (KS:005380) is collaborating with NVIDIA to build an AI factory with 50,000 NVIDIA Blackwell GPUs, representing approximately $3 billion in investment to advance AI-driven mobility solutions. NAVER Cloud is expanding its infrastructure with over 60,000 GPUs for enterprise and physical AI workloads.

The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.

The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.

Overview NVIDIA stock hits record highs driven by explosive artificial intelligence demand.Dominance in AI and data center technology secures NVIDIA’s lead in t

“Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement, as Nvidia has gone from chip maker to industry creator,” Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company, told Reuters.

Shares of Nvidia (NASDAQ: NVDA) charged sharply higher Wednesday, climbing as much as 5.6%. As of 11:41 a.m. ET, the stock was still up 3.9%.

Nvidia CEO Jensen Huang urges the US to stay engaged with China in the global AI race, warning that isolation could hurt innovation and long-term leadership.

NVIDIA Corp. (NASDAQ:NVDA) continues to remain an industry leader and the most valuable company in the world. It has become the face of the artificial intelligence (AI) industry and is driving massive growth.

Nvidia became a hot AI company (and the world's most valuable public company) because of the graphics processing units (GPUs) it produces. However, I'd rather go with TSMC right now because without it, Nvidia's business would noticeably suffer.

Nvidia Corporation's data center growth and AI leadership position could drive NVDA stock up 25%. Click for my updated look at NVDA stock prospects.