New Delhi, May 14(CXO Media): Nvidia has become the first company to cross a $5.5 trillion market valuation, as continued demand for artificial intelligence (AI) infrastructure pushed its shares to a record high on Nasdaq.
The chipmaker’s stock rose more than 2% to touch an all-time high of $227.84 on Wednesday, extending a rally that has increasingly positioned Nvidia at the centre of the global AI investment cycle.
The milestone comes as investors continue to bet on sustained spending in AI infrastructure, particularly data centres and high-performance computing systems that rely heavily on Nvidia’s graphics processing units (GPUs). The company currently dominates the AI accelerator market, supplying chips used by major cloud providers and technology firms building generative AI systems.
At the same time, Nvidia has also drawn geopolitical attention. CEO Jensen Huang joined US President Donald Trump’s delegation to China this week, a move that comes amid ongoing scrutiny around semiconductor supply chains, export controls and the broader US-China technology relationship.
The milestone comes as investors continue to bet on sustained spending in AI infrastructure, particularly data centres and high-performance computing systems that rely heavily on Nvidia’s graphics processing units (GPUs). The company currently dominates the AI accelerator market, supplying chips used by major cloud providers and technology firms building generative AI systems.
At the same time, Nvidia has also drawn geopolitical attention. CEO Jensen Huang joined US President Donald Trump’s delegation to China this week, a move that comes amid ongoing scrutiny around semiconductor supply chains, export controls and the broader US-China technology relationship.
Nvidia’s recent earnings underline the scale of AI-driven demand. The company reported nearly $215.9 billion in fiscal 2026 revenue, a sharp increase from the previous year, with its data centre business accounting for a significant share of total revenue. In the latest quarter alone, Nvidia reported more than $68 billion in revenue, supported by continued enterprise and hyperscaler investments in AI infrastructure.
While Nvidia remains one of the strongest beneficiaries of the AI wave, questions around long-term valuation, increasing competition and the pace of future AI spending continue to remain in focus as markets assess whether current growth levels can be sustained.
