NVIDIA is on the verge of becoming the first company in history to reach a $5 trillion market valuation. Its stock has surged dramatically as demand for its advanced computing chips—known as GPUs—continues to rise across industries. These GPUs power leading AI systems such as ChatGPT, Google’s Gemini, and countless large-scale data centers worldwide.
Recent announcements from CEO Jensen Huang have further energized investors. NVIDIA disclosed it has secured approximately $500 billion in AI chip orders and is collaborating with the U.S. government to build several new supercomputers dedicated to AI research. Earlier this month, the U.S. government approved the export of billions of dollars’ worth of NVIDIA chips to the United Arab Emirates (UAE) as part of a bilateral AI partnership. Under this agreement, the UAE can import up to 500,000 of NVIDIA’s top-tier AI chips annually from 2025 through at least 2027, with a possible extension to 2030.
These initiatives underscore NVIDIA’s expanding influence—not only in the private sector but also within national and international technology and defense strategies. The company’s next-generation chip lineup, known as Blackwell, is engineered to be significantly faster and more energy-efficient than previous models, potentially strengthening NVIDIA’s dominance in the rapidly growing AI sector. Just weeks ago, the semiconductor leader confirmed it had completed its first U.S.-made Blackwell wafer at TSMC’s Arizona facility. Recently, NVIDIA also committed to acquiring a $1 billion stake (approximately 3%) in Nokia as part of a strategic alliance to integrate its chips and AI capabilities into Nokia’s 5G and future 6G network infrastructure.
In September 2025, NVIDIA finalized a $6.3 billion cloud computing capacity deal with CoreWeave, an AI data center operator with facilities across the U.S. and Europe. The agreement obligates NVIDIA to purchase any unsold capacity by April 13, 2032. That same month, the company announced plans to invest up to $100 billion in OpenAI, pledging to supply at least 10 gigawatts of high-performance AI hardware to meet OpenAI’s escalating computational demands.
Back in July 2025, NVIDIA became the first company ever to surpass a $4 trillion market cap, overtaking Microsoft and Apple to claim the title of the world’s most valuable publicly traded company. Notably, the Santa Clara-based tech giant first crossed the $1 trillion threshold in June 2023.
Despite these milestones, NVIDIA’s path in the AI arena hasn’t been without obstacles. Several months ago, the company faced slowing sales and production challenges due to U.S. export restrictions amid escalating trade tensions between the U.S. and China. It currently remains under antitrust scrutiny in China over alleged violations. In August 2025, Chinese regulators reportedly instructed domestic firms to halt the use of NVIDIA’s H20 AI chips. Meanwhile, competition from rivals like AMD and Intel continues to intensify.
