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Nvidia on track to hit historic $5 trillion valuation amid AI rally

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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.

Justin Sullivan | Getty Images News | Getty Images

Shares of Nvidia 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.

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

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