Deena Zaidi

Data and Financial Journalist

Line chart showing Nvidia’s stock price from January 2023 to October 2025, highlighting major AI partnerships and product announcements. The stock steadily rises as Nvidia announces AI tools with Adobe and Oracle in March 2023, an AI supercomputer launch in May 2023, and partnerships with Tata Group, Foxconn, and Wipro later that year. The price continues climbing into 2024 and 2025, with notable jumps following cloud, healthcare, and networking deals. Major spikes occur after a $5 billion Intel investment in September 2025, a $100 billion OpenAI partnership soon after, and broader integration of Nvidia’s AI robotics tools in China. By October 29, 2025, Nvidia becomes the first company to reach a $5 trillion market valuation.

Nvidia Becomes First Company Worth $5 Trillion as it solidifies its AI dominance

Posted on Author Deena ZaidiPosted in AI, China, Technology, World Economy, World trade

The story has been updated with recent tariff news and new AI partnerships as of Oct. 31, 2025

The Korean government, through the Ministry of Science and ICT, is investing heavily in sovereign AI infrastructure with over 50k of the latest NVIDIA GPUs to be deployed across the National AI Computing Center and Korean cloud service and IT providers NHN Cloud, Kakao Corp. and NAVER Cloud.

Result- major companies now will be stepping up their AI game in partnership with Nvidia and boosting the latter’s market valuation and more dependance.

The story so far: With Chinese firms scaling and a looming U.S. tariff uncertainty, Nvidia is now fighting to keep its foothold in China.

  • Nvidia’s stock climbed after President Trump signaled potential relief from U.S. export curbs that have weighed on the company’s China sales.He said he may raise the issue of Nvidia’s Blackwell AI processors during his upcoming meeting with Chinese President Xi on Thursday.
  • Nvidia’s graphics processing units (GPUs) have helped push the company’s market capitalization to record highs. Nvidia’s stock has rallied to become the first company to surpass a $4 trillion market value.
  • The gains recently pushed Nvidia’s market valuation to $5 trillion, making it the first company to touch that mark.
  • A month ago, speaking on BG2, a podcast hosted by tech investors Brad Gerstner and Bill Gurley, Nvidia CEO Jensen Huang said China is just “nanoseconds behind” the U.S. in chipmaking.

The company has since been developing and deploying AI infrastructure and models through key partnerships- the most recent being with OpenAI.

AI partnerships

Through its AI investments, Nvidia has held the investor confidence.

Recently in the ‘the biggest AI infrastructure deployment in history’, Nvidia partnered with OpenAI to deploy at least 10 gigawatts for OpenAI’s next-gen AI infrastructure.

As a part of the partnership, Nvidia will invest $100 billion to ramp up the computing power of OpenAI.

The companies, in its release, said,

This partnership complements the deep work OpenAI and Nvidia are already doing with a broad network of collaborators, including Microsoft, Oracle, SoftBank and Stargate partners, focused on building the world’s most advanced AI infrastructure.

Last week, Nvidia announced its investment of $5 billion in fellow chipmaker Intel, which has struggled to keep up with the frenzied demand for AI.

Nvidia has had a history of strategic partnerships to expand its AI footprint.

Amid a positive second quarter, the company announced an investment of £2 billion in the U.K. market’s AI startup ecosystem.

Late September this year, Alibaba, the Chinese e-commerce company announced its partnership with Nvidia stating that it will be adding NVIDIA’s AI capabilities into Alibaba’s ecosystem, enabling AI in robotics, smart factories, self-driving, a strategic move amid China’s restrictions on import of advanced NVIDIA chips.

But that’s not all.

Since January 2003, Nvidia has been either partnering or investing heavily to lead the AI race. Here’s the list:

But….

Sales to China, one of the world’s biggest markets, have been disrupted by geopolitical tensions. In short, China has been accelerating its plans to become self-sufficient.

  • The tensions have been good news to many Chinese AI and semiconductor contenders who have rushed to fill the gap by launching local alternatives, in turn eroding Nvidia’s market share.
  • Chinese telecoms giant Huawei Technologies recently unveiled its AI chip road map, showcasing clustering methods intended to bypass Nvidia.
  • Major cloud-services providers in China including Alibaba Group Holding, Tencent Holdings, ByteDance and Baidu are heavily investing in chip research and design, either through in-house projects or external partnerships. This strategy is aimed at securing greater control over their supply chains and avoid any supply disruption.

What’s next?

A dotcom bubble in the making

But some investors are worried about the rise in behemoths coming together to leverage AI. According to The Financial Times, tech-investor, James Anderson warned that Nvidia’s $100 billion OpenAI bet brings “uncomfortable echoes of the dotcom bubble.”