Nvidia hits record $5 trillion mark as CEO dismisses AI bubble concerns

Nvidia has achieved a record $5 trillion market capitalization following CEO Jensen Huang's announcement of $500 billion in AI chip orders and plans for US supercomputers at a recent conference. Despite concerns of an AI investment bubble, Huang remains confident in the company's growth trajectory, emphasizing the demand for AI models and services. Nvidia anticipates shipping 20 million units of its latest chips and has seen a significant increase in stock value. However, analysts caution that the rapid rise in AI investments may lead to overheated valuations and a need for tangible cash flow returns in the future.