Nvidia is worth 5 trillion. Here's what it means for the market

Nvidia is worth $5 trillion. Here's what it means for the market Jensen Huang, chief executive officer of Nvidia, poses for a photo on the sidelines of the APEC CEO Summit in Gyeongju, South Korea, on Friday. Nvidia made history last week when it became the first company ever to have a market value of $5 trillion. The chipmaker at the heart of the artificial intelligence revolution is not only by far the biggest company on the planet, it also may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market's gains since the start of 2023, delivering massive returns to shareholders and minting billions for Chief Executive Officer Jensen Huang. This is obviously a massive outlier from a historical perspective, really something to behold for the ages," said Matt Miskin, co-chief investment strategist at Manulife John Hancock Investments.