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Nvidia on track to hit historic $5 trillion valuation amid AI rally
Visitors visit the NVIDIA booth at the 3rd China International Supply Chain Expo in Beijing, China, on July 20, 2025.
Costfoto | Nurphoto | Getty Images
Shares of Nvidia rose more than 3% in premarket trade on Wednesday, putting the tech giant on track to become the first company to cross the $5 trillion market value threshold.
The latest move higher comes shortly after CEO Jensen Huang said Nvidia expects $500 billion in artificial intelligence chip orders and announced plans to build seven new supercomputers for the U.S. government.
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