In a historic milestone, NVIDIA has become the world’s first company to surpass a $5 trillion market capitalization, officially making it the most valuable company ever. The chipmaker’s valuation jumped from $4.89 trillion on October 29 to $5.03 trillion on October 30, reflecting the global surge in demand for AI, GPUs, and accelerated computing technologies.

At the GTC Conference in Washington, D.C., CEO Jensen Huang outlined the company’s bold vision for the future, emphasizing the shift from CPU-based systems to AI factory-driven computing. He also unveiled NVQLink, a groundbreaking hybrid GPU-quantum architecture designed to help achieve quantum advantage, blurring the lines between classical and quantum computing.

NVIDIA projects $500 billion in sales from its Blackwell GPU series by 2026, with production already underway at TSMC’s Fab 21 in Arizona, marking a pivotal moment for U.S. semiconductor manufacturing.

Following NVIDIA, Microsoft ($4.03T) and Apple ($4T) hold the next spots in the global market cap rankings, while Google, Amazon, and Meta complete the trillion-dollar club.