Nvidia CEO Jensen Huang Says You Can ‘Tokenize Anything’ But You’ll Need ‘Thousands of Chips.’ That’s Good News for NVDA Stock.

Nvidia (NVDA) did something this week that many people, one or two years ago, thought would be impossible. The semiconductor company reached a $5 trillion valuation, becoming the first company to reach that mark. And it did so only 112 days after Nvidia became the first company to reach a $4 trillion valuation.

Clearly, Nvidia is achieving things that most companies can only dream of. And if you listen to CEO Jensen Huang, the future continues to be bright. “Our GPUs are everywhere,” he said Tuesday while attending Nvidia’s GTC D.C. conference in Washington, D.C. He described how Nvidia’s chips are used in AI models, telecommunications, manufacturing, autonomous vehicles, quantum computing, and more.