NVIDIA becomes the first chipmaker worth $1 trillion
Partly confirmed
The takeaway
Driven by demand for AI accelerators after ChatGPT, NVIDIA’s market capitalization briefly topped $1 trillion on 30 May 2023, the first chip company to do so; it later passed $3T (June 2024), $4T (July 2025) and $5T (October 2025).
Status
- Claim
Partly confirmed
- Our reporting
- Medium confidence
- Importance
- 3 of 5
- Last verified
- 29 September 2026
Your AI and this story
- GPT-6 AstraIn its training data
- Claude Opus 5.5In its training data
- Gemini 4 HydrogenIn its training data
- Grok 4.7In its training data
It happened before the cutoffs of all four assistants, so it can be in their training data.
Key facts
- Crossed $1T intraday on 30 May 2023
- Followed a record revenue forecast in late May 2023 driven by datacenter GPUs
- Became the first company to reach a $4T market value in July 2025
- Became the first to reach $5T on 29 October 2025 (closing value ~$5.03T)
What happened
NVIDIA’s stock soared as every major lab and cloud provider raced to buy H100 GPUs.
Why it matters
NVIDIA’s valuation became the market’s barometer for the AI boom and of the scale of capital flowing into compute.
Sources
2 sources from 2 sites. Numbers match the chips in the text.
2 sources: 1 press, 1 reaction
Press
- Nvidia becomes first public company worth $5 trillion (TechCrunch)techcrunch.com, press
Reactions
- Wikipedia: Nvidiaen.wikipedia.org, discussion
Changes
- Filed