NVIDIA Stock Soars 3.6% as Company Edges Closer to $5 Trillion Valuation

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CEO Jensen Huang, who co-founded NVIDIA in 1993, now holds a personal stake valued at around $177 billion, making him one of the world’s richest individuals. Under his leadership, NVIDIA’s H100 and Blackwell processors have become essential to training large language models used by companies such as OpenAI and xAI.

Despite concerns that valuations may be overheating, most analysts agree NVIDIA’s dominance is unlikely to be displaced soon. The company’s influence also makes it a key factor in broader market movements through its heavy weighting in major indices like the S&P 500 and Nasdaq 100.