Key Takeaways
- Nvidia added nearly $400 billion in market value in just five days
- CEO Jensen Huang’s personal wealth grew by over $9 billion during this period
- Major deals with Nokia, Uber, Samsung, Hyundai and US manufacturing expansion drove the surge
Nvidia has achieved a historic $5 trillion market valuation after adding nearly $400 billion to its market capitalisation in just five days. This unprecedented growth surpasses the entire market value of companies like Toyota and Home Depot combined.
CEO Jensen Huang was at the center of this remarkable rise, with his personal fortune swelling by over $9 billion to reach nearly $176 billion during the frenzy.
Nvidia’s Deal-Making Blitz
The 62-year-old founder’s whirlwind week began at Nvidia’s first developers conference in Washington and concluded in South Korea with business dinners featuring fried chicken and beer with industry leaders.
At the GPU Technology Conference in Washington, Huang announced multiple strategic partnerships spanning telecommunications, transportation and healthcare. Key highlights included:
- $1 billion equity stake in networking giant Nokia
- Plans to equip 100,000 Uber vehicles with Nvidia technology
- Cybersecurity partnership with CrowdStrike
“We have now reached our virtuous cycle, our inflection point, and this is quite extraordinary.Now, for the first time, AI is going to engage that $100 trillion global economy, “ Huang told a packed convention hall blocks from the White House, “and make it more productive, make it grow faster, make it larger. “
South Korean Expansion
From Washington, Huang traveled to South Korea where he secured deals to supply Samsung, Hyundai, SK Group and the South Korean government with more than 260,000 AI chips. The agreements were finalized over dinner at a Seoul chicken restaurant with Samsung Chair Jay Y Lee and Hyundai Executive Chair Chung Euisun.
US Manufacturing Boost
The company’s announcement about producing chips featuring its cutting-edge Blackwell design at US plants provided additional momentum to the stock surge.
“The first thing that President Trump asked me for is bring manufacturing back because it’s necessary for national security,” said Huang, who has pledged to spend $500 billion over the next several years building AI infrastructure in the US.“Nine months later, we are now manufacturing in full production Blackwell in Arizona,” he said.
The combination of global partnerships and domestic manufacturing expansion has positioned Nvidia at the forefront of the revolution, driving unprecedented shareholder value in record time.
