Nvidia’s $5.05 trillion valuation is not just about its present-day dominance in AI chips; it’s about its strategic vision for the future. The company, which became the first $5T firm on Wednesday, has just laid out a roadmap that extends into robotaxis, 6G, and national supercomputing.
The company just announced a partnership with Uber, signaling a major push into the autonomous driving market. It is also looking to the next generation of connectivity, investing $1 billion in Nokia to co-develop 6G technology.
Furthermore, Nvidia is embedding itself in national infrastructure, partnering with the US Department of Energy to build seven new AI supercomputers. This is all on top of its core AI business, which includes a $500 billion order book and a $100 billion investment in OpenAI.
This ambitious vision has propelled Nvidia’s value by $1 trillion in just three months and earned it praise from President Donald Trump, who is a shareholder.
This AI-driven future, however, is being met with skepticism by some economists. They warn of an “AI bubble,” pointing to the high failure rate of corporate AI pilot programs as a sign that this future may be further off, or less profitable, than the $5 trillion valuation suggests.