Nvidia has started the $5 trillion club. A look at its rise, by the numbers

Nvidia's Market Capitalization Reaches Five Trillion Dollars: A New Era for Tech and Global MarketsNvidia, the chip giant, has made history by becoming the first public company to reach a five trillion dollar market capitalization, surpassing Microsoft and Apple. This remarkable growth, driven by the global demand for its AI and advanced graphics chips, has had a significant impact on the markets. Nvidia now accounts for nearly nineteen percent of the S and P five hundred's gains this year and has a market value larger than Japan's GDP. CEO Jensen Huang's net worth has skyrocketed to nearly one hundred seventy-nine billion dollars, making him one of the world's richest people. Nvidia's success has also benefited shareholders, with over twenty-four billion dollars returned through buybacks and dividends in the first half of this fiscal year. As Nvidia continues to shape the technology industry and global markets, its unprecedented growth is being closely watched by investors, rivals, and tech enthusiasts alike.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.