Nvidia Breaks Records: A New Era in AI Leadership

Nvidia became the first company to reach a $5 trillion market value, driven by its pivotal role in the AI sector. Under CEO Jensen Huang, Nvidia has transformed from a graphics-chip designer to a leader in AI technology, sparking global regulatory scrutiny and highlighting geopolitical tensions with China.

Nvidia reached a historic $5 trillion in market value, marking a significant milestone for the company at the forefront of the AI boom. This achievement underscores Nvidia's transformation from a niche graphics-chip designer into a core player in the global AI industry.

The company's CEO, Jensen Huang, with a stake worth $179.2 billion, has led Nvidia since 1993, positioning it as a leader with its advanced AI chips. The company's shares have surged as the AI frenzy propels the S&P 500 to new heights, although some caution about the sustainability of tech valuations.

Nvidia's dominance has drawn regulatory scrutiny due to U.S. export curbs and geopolitical tensions with China. Despite challenges from rivals, Nvidia remains at the industry's helm, continuing to influence global markets significantly.

(With inputs from agencies.)