Nvidia makes history as first company to reach $5 trillion market valuation, driven by chipmaker's dominance in the artificial intelligence revolution.

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in the Spotlight This Week. On October 30, JPMorgan reiterated the stock as “Overweight,” stating that Nvidia is a beneficiary of “strong AI server spending.

Nvidia (NASDAQ: NVDA) has been one of the best artificial intelligence (AI) stocks to own since the AI arms race kicked off in 2023. Its technology has powered most of the AI we experience today, and that's unlikely to change much in the future.

Nvidia stock has been buoyant in recent days but it didn’t get a hoped-for boost from President Trump's meeting with Xi Jinping.

Nvidia stock falls following talks between President Donald Trump and China's President Xi Jinping, and a selloff in AI heavyweight Meta.

If any technology firm could be described as a darling of the financial markets, it would be NVIDIA (NASDAQ:NVDA). Without a doubt, NVIDIA has become the gold standard of artificial intelligence (AI) chip and graphics processing unit (GPU) designers.

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.

Nvidia shares rose after Amazon boosted AI investment and the chipmaker unveiled major partnerships with top South Korean firms.

Shareholders of the Austin, Texas-based Bitcoin (BTC) mining company Core Scientific (Nasdaq: CORZ) have rejected a $9 billion merger deal with the AI cloud infrastructure company CoreWeave (Nasdaq: CRWV), the Bitcoin miner announced on Oct. 30.

This week’s big rally in Nokia Oyj shares underscores how the 5G equipment maker and once-iconic phone brand is now emerging as a major European artificial intelligence play.