New York — Nvidia just became the world’s first $5 trillion company.

Unprecedented demand for the company’s AI chips have propelled the company’s market valuation into the stratosphere. The milestone, which Nvidia reached at Wednesday’s open, comes just three months after the company crossed the $4 trillion mark. It took Nvidia about 13 months to go from $3 trillion to $4 trillion in valuation.

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The company’s shares (NVDA) rose 3% after the market opened on Wednesday. Nvidia stock has gained about 50% in 2025 and has been near or at the top of the S&P 500’s best-performing stocks for years as investment in artificial intelligence continues to fuel the chipmaker’s meteoric rise.

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