📈 Nvidia Hits Historic US$ 5.03 Tn Valuation Amid AI Frenzy

• Global tech giant Nvidia made history this week, becoming the first company to reach a $5.03 trillion market capitalization, powered by the global Artificial Intelligence (AI) boom. • Meteoric Rise: This valuation was achieved just three months after the company breached the $4 trillion mark and now surpasses the total cryptocurrency market value. • Performance & Dominance: Nvidia’s shares have climbed 12-fold since the 2022 launch of ChatGPT, cementing its place as the backbone of the global AI industry. • New Orders: CEO Jensen Huang recently announced a massive $500 Bn in new AI chip orders and plans to build seven supercomputers for the U.S. government. • Global Context: The company's advanced chips, such as Blackwell, are a focal point in the tech rivalry between the U.S. and China due to Washington's export controls. Continued high-level investment in AI globally is critical for the expansion of the ICT/BPM sector.