{"id":110070,"date":"2025-10-29T09:38:08","date_gmt":"2025-10-29T09:38:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/110070\/"},"modified":"2025-10-29T09:38:08","modified_gmt":"2025-10-29T09:38:08","slug":"nvidia-on-track-to-hit-historic-5-trillion-valuation-amid-ai-rally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/110070\/","title":{"rendered":"Nvidia on track to hit historic $5 trillion valuation amid AI rally"},"content":{"rendered":"

The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara, California. Chip maker Nvidia will report second-quarter earnings today after the closing bell.<\/p>\n

Justin Sullivan | Getty Images News | Getty Images<\/p>\n

Shares of Nvidia<\/a> rose more than 3% in premarket trade on Wednesday, putting the tech giant on track to become the first company to cross the $5 trillion market value threshold.<\/p>\n

The extraordinary milestone would reflect a remarkable rise for the company, which has evolved from a niche video game processor to an integral player in the artificial intelligence boom.<\/p>\n

Shares of Nvidia were last seen up 3.2% in premarket trade. The stock price has climbed nearly 50% year-to-date.<\/p>\n

The latest move higher comes shortly after CEO Jensen Huang said Nvidia expects<\/a> $500 billion in artificial intelligence chip orders and announced<\/a> plans to build seven new supercomputers for the U.S. government.<\/p>\n

Separately, Nvidia announced<\/a> on Tuesday that it is taking a $1 billion stake in Nokia, forming a strategic partnership with the networking company to develop next-generation 6G cellular technology.<\/p>\n

A dizzying rally for U.S. tech stocks has prompted some to raise the alarm on fears of an AI bubble, particularly as AI-driven spending has led to record deals and valuations.<\/p>\n

Earlier in the month, the International Monetary Fund and Bank of England became the latest financial institutions to warn<\/a>\u00a0that global stock markets could be in trouble if investor appetite for AI turns sour.<\/p>\n

This is breaking news. Please refresh for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara,…\n","protected":false},"author":2,"featured_media":110071,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,726,72,122,61,60,123,1673,80],"class_list":{"0":"post-110070","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-breaking-news-technology","12":"tag-business","13":"tag-business-news","14":"tag-ie","15":"tag-ireland","16":"tag-markets","17":"tag-nvidia-corp","18":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/110070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=110070"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/110070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/110071"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=110070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=110070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=110070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}