Nvidia becomes first $5 trillion company, expands into government AI, and next-gen wireless

Shares of Nvidia jumped over 4% on Wednesday, pushing the company to a $5 trillion valuation, the first time any company has ever hit that ￰0￱ comes right after the stock had already surged 5% the day before, bringing its year-to-date gains to over 50%, as Cryptopolitan ￰1￱ started as a graphics chip company for gamers has turned into the most powerful force behind the current artificial intelligence ￰2￱ latest rally kicked in after CEO Jensen Huang told investors Nvidia expects to lock in $500 billion in AI chip orders, while also revealing that the company will build seven new supercomputers for the ￰3￱ machines are expected to handle national AI workloads and are part of Washington’s growing reliance on private sector tech ￰4￱ expands into government AI and next-gen wireless Also on Tuesday, Cryptopolitan reported that Jensen had announced that Nvidia is putting $1 billion into Nokia, forming a strategic partnership aimed at building 6G ￰5￱ two companies plan to work together on tech that could power future wireless networks and connect AI devices in real ￰6￱ effects didn’t stop with ￰7￱ and Microsoft also saw gains, with both companies crossing $4 trillion market values after their stocks rose during the tech-fueled ￰8￱ the end of Tuesday, ￰9￱ markets hit new records, boosted by the AI ￰10￱ Nasdaq added 0.6%, the S&P 500 climbed 0.3%, and the Dow Jones rose by 281 points, or 0.6%, pushing all three indexes to all-time intraday ￰11￱ the rush into AI stocks is raising red ￰12￱ this month, the International Monetary Fund and the Bank of England each warned that a sudden pullback in AI spending could slam global ￰13￱ said markets may be at risk if investor excitement ￰14￱ warnings are landing at a time when valuations are running hotter than ever.

Still, some players in the market are trying to balance the ￰15￱ Wood, head of Ark Invest, said during a panel at Saudi Arabia’s Future Investment Initiative that while the AI boom might face a short-term correction, she doesn’t believe it’s a bubble. “If our expectations for AI … are correct, we are at the very beginning of a technology revolution,” Cathie told CNBC on ￰16￱ decision, Trump-Xi talks, and shutdown worries test traders As markets break records, traders are also watching the Federal ￰17￱ central bank is expected to cut interest rates by 0.25% on ￰18￱ what matters more to traders is whether Chair Jerome Powell will sound soft in his follow-up ￰19￱ cut is also expected in December, and many are betting on ￰20￱ U.

S.-China trade relationship is also calming ￰21￱ progress over the weekend, all eyes are on President Donald Trump’s upcoming meeting with Chinese President Xi Jinping in South ￰22￱ traders are betting that Trump’s renewed international engagement might reduce the chances of fresh ￰23￱ Wizman, global FX and rates strategist at Macquarie, said: “The market is seeing President Trump re-engaging with the rest of the world again (i. e., China and Japan), and this is a good thing, insofar as it may temper his desire for more tariffs.” Thierry added, “The prospect of seeing very high tariffs, especially on China, has ￰24￱ some extent, this also plays to the prospect that the Fed will be dovish too, given there is a connection between lower tariffs and lower inflation.” Even with all the excitement, not everyone’s ￰25￱ government shutdown is still unresolved, and some investors worry that markets are priced too ￰26￱ record-breaking gains, analysts are warning against complacency, especially with major macro risks still hanging over the ￰27￱ as of now, Nvidia’s breakout just rewrote the playbook, and everyone else is scrambling to catch ￰28￱ $50 free to trade crypto when you sign up to Bybit now