By Rosa de Acosta,John Liu
Publication Date: 2026-02-07 06:00:00
Tech giant Nvidia became the first company in corporate history to briefly surpass a $5 trillion valuation in October thanks to its role in the AI boom.
Insatiable demand from global companies for its AI chips has cemented its dominance with an 81% market share by revenue for data center chips, according to research from the International Data Corporation. That, in turn, has propelled the explosive growth of Nvidia’s stock (NVDA), which has surged 12-fold since the groundbreaking release of OpenAI’s ChatGPT AI chatbot in November 2022.
Nvidia’s sales and profits were up more than 60% in the October quarter compared to the previous year, soaring past Wall Street’s expectations. Last month, it unveiled the next generation Vera Rubin chip, widely seen as the company’s next growth driver. Nvidia now expects its total sales to hit new records in 2026, projecting around $500 billion in revenue.
Still, the tech giant is facing a growing set of challenges, from intensifying competition to lingering concerns of an AI bubble and relentless pressure to demonstrate growth after several explosive quarters.
Here’s a look at Nvidia’s success in four graphics:
Nvidia CEO Jensen Huang founded the company in 1993 with a focus on chips known as graphics processing units for video games. Its GPUs were later found to be…