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Caixin Global
Caixin Global

Tech Brief (Oct. 30): Nvidia Becomes First Tech Firm to Top $5 Trillion Market Cap

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Nvidia market cap surpasses $5 trillion

Nvidia Corp.’s market capitalization surpassed $5 trillion on Oct. 29, making it the first technology company in the world to do so. The chipmaker’s shares closed up 2.99% at $207.04. Speaking at the company’s GTC conference the same day, CEO Jensen Huang said Nvidia could achieve a cumulative $500 billion in data center revenue from 2025 to 2026.

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