Nvidia has become the first company to ever reach a market capitalization of $5 trillion. The AI chipmaker’s stock opened at $207.86 per share on Wednesday, putting it above the historic milestone.Nvidia this week is holding its annual GTC summit, brining the closely watched conference to Washington for the first time. It has already made several announcements there, including a $1 billion investment into Nokia. The company also discussed quantum computing and what it called a digital blueprint for AI factories.Nvidia is the first to $5 trillion and was the first company to hit a $4 trillion market cap. But before that, Apple was king of the milestones. The iPhone maker was the first to top $1 trillion, $2 trillion, and $3 trillion. Its growth has slowed, though, as it has struggled in the artificial intelligence space. Why are the NVIDIA shares rarely drop ?
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