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Nvidia's stock surged over 3%, making it the first company to reach a $5 trillion market value. This growth is driven by strong demand for AI chips and a new partnership with Nokia to develop 6G technology. Concerns remain about a potential bubble in AI investments.
Nvidia briefly surpassed a $5 trillion valuation due to soaring demand for its AI chips, capturing 81% of the data center chip market. Despite facing competition and concerns about an AI bubble, Nvidia continues to expand its partnerships and develop new technologies.