Chipmaker Nvidia hits 5 trillion valuation

Is the US eyeing its next Latin American target? Why is Trump tearing down parts of the White House? Nvidia has become the first company to reach $5 trillion in market value amid a global artificial intelligence arms race. The chipmaker surge on Wednesday came only three months after the company topped the $4 trillion mark . Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs, igniting a debate on whether frothy tech valuations could lead to the next big bubble.