Nvidia's market capitalization hits $5.12 trillion — AI powerhouse is the first company in history to hit seismic milestone

Nvidia's market capitalization has reached $5.12 trillion, making it the first company to hit this milestone. The surge follows the company's recent announcements at the GPU Technology Conference, including partnerships with Palantir and Uber for AI projects, as well as plans for AI data centers and networks. With a strong position in the AI supply chain, Nvidia's hardware and software solutions are in high demand, driving its market value above competitors like Apple and Microsoft. The company's strategic investments in AI technology are expected to further boost its revenue and market dominance in the future.