Nvidia's Meteoric Rise: The First $5 Trillion Company

Nvidia has reached a $5 trillion valuation, highlighting the tech sector's AI-driven disruption. This surge surpasses the GDP of major economies, while concerns of an AI bubble loom. Nvidia has announced key partnerships and investments, underscoring its role in advancing technology across industries.

Nvidia has set a new benchmark, becoming the first $5 trillion company within just three months of breaking the $4 trillion mark. This substantial growth underscores the disruptive wave created by artificial intelligence, reminiscent of the technological shift sparked by the iPhone's introduction by Apple co-founder Steve Jobs 18 years ago.

However, concerns are mounting about a potential AI bubble. Officials from the Bank of England and the International Monetary Fund have voiced warnings about tech stock valuations inflated by the AI boom, cautioning that they could eventually burst.

Nvidia's rapid stock appreciation, anchored by soaring demand for its chips, has positioned it above the GDP of nations like India, Japan, and the United Kingdom. Recently, CEO Jensen Huang revealed significant orders and collaborations, including partnerships with Uber, Nokia, and the Department of Energy, further cementing Nvidia's pivotal role in the tech landscape.

(With inputs from agencies.)