Nvidia is on the cusp of becoming the first $5 trillion company, driven by an extraordinary surge linked to the artificial intelligence boom.

The company, based in Santa Clara, California, saw a 2.8% rise in premarket shares after CEO Jensen Huang announced $500 billion in AI chip bookings and plans for supercomputers, boosting investor confidence.

This ascent comes as Apple and Microsoft each surpassed $4 trillion valuations, integrating Nvidia into the elite tier of industry-transforming tech giants.

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