Nvidia has become the first $5 trillion company, aided by strong demand for AI chips and partnerships in AI and telecommunications sectors.
The company disclosed $500 billion in chip orders, announced a $1 billion investment partnership with Nokia on 6G technology, and a collaboration with Uber on robotaxis.
Nvidia is investing $100 billion in OpenAI and building seven new AI supercomputers with the U.S. Department of Energy to power AI models like ChatGPT.