The Economist<\/p>\n
Sep 7, 2026 \u2013 10.32am<\/p>\n
It took 30 years for Nvidia, the American company whose chips power much of the world\u2019s artificial intelligence, to reach a valuation of $US1 trillion. Getting to $US2 trillion took only nine more months. It passed the $US5 trillion mark less than two years later. It is now the world\u2019s most valuable company, worth about $US5.4 trillion ($7.5 trillion). Next year, its sales are expected to almost double. Some analysts predict it will generate $1 trillion in annual revenue by 2029.<\/p>\n
It is not just chipmaking that has spurred Nvidia\u2019s stunning growth, however. Its boss, Jensen Huang, has also resorted to financial engineering to boost demand for its wares. In mid-August, for example, Nvidia agreed to provide a backstop worth up to $US105 billion for a vast data centre in Ohio that will use lots of its chips.<\/p>\n
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The Economist<\/p>\n","protected":false},"excerpt":{"rendered":"The Economist Sep 7, 2026 \u2013 10.32am It took 30 years for Nvidia, the American company whose chips…\n","protected":false},"author":2,"featured_media":883015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-883014","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/883014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=883014"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/883014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/883015"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=883014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=883014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=883014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}