Nvidia has for the first time in history reached a capitalization of $5 trillion.
Author - Mansur Ismagulov
The American company Nvidia has for the first time in its history reached a market capitalization of approximately $5 trillion. The sharp rise in the company's stock price is attributed to the rapid development of artificial intelligence, where Nvidia plays a key role.
Since the launch of ChatGPT in 2022, Nvidia's shares have grown approximately 12-fold, transforming the company from a graphics chip manufacturer into one of the pillars of the global AI industry.
Nvidia CEO Jensen Huang, who owns a significant stake in the company, has become one of the wealthiest people on the planet—his net worth is estimated at $179 billion.
It is also noted that amid global geopolitical developments, the United States has imposed export restrictions on advanced Nvidia chips, making the company a key player on the global technology stage.
Source: Reuters
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