Nvidia became the first company to hit $5 trillion in market value, the latest milestone in an unprecedented surge that reflects the growing influence of artificial intelligence on markets and the economy.

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier

Nvidia has hit a new milestone, becoming the first company in the world to reach a market value of $5tn (£3.8tn). The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan,

Nvidia became the first tech company to have $5 trillion market value after stock scores rose more than 4%. Its stock has risen more than 50% this year.

Nvidia becomes the first company to ever have a market capitalization of over $5 trillion. Shares rallied Wednesday morning to push Nvidia over the milestone as CEO Jensen Huang seals more deals to supply companies with chips.

The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth,

Speaking to reporters aboard Air Force One en route to Gyeongju, South Korea, Trump praised Nvidia's Blackwell as the "super-duper chip" and said he might speak to Xi about them, without elaborating.

U.S. stocks are rising toward more records on Wednesday as Wall Street waits to hear from the Federal Reserve in the afternoon about what it will do with interest rates. The S&P 500 added 0.3% in morning trading.