Nvidia has become the first company to surpass a $5 trillion market value on Wednesday after shares rose more than 4%. This follows the large AI boom that has been only growing over the last few years, and has happened only three months after the company was valued at $4 trillion.

This growth in value builds on a 5% increase on Tuesday, and resulted in a 50% increase so far this year. The reason for the sudden growth came from comments from CEO Jensen Huang revealing that he expects $500 billion in AI-chip orders and plans to build seven new supercomputers for the United States government.

The organisation also confirmed a $1 billion stake in Nokia - a partnership that should result in the development of 6G technology, something that would be new for the company that focusses on data a

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