On October 29th, after the US stock market opened, the stock price of artificial intelligence chip manufacturer Nvidia (NVDA.US) surged, pushing its market capitalization above $5 trillion, making it the first publicly traded company in history to surpass this milestone. (Note: The total market capitalization of the Indian stock market is approximately $5.3 trillion.)

Data shows that Nvidia's total market capitalization jumped from $4 trillion to $5 trillion in just 113 days, while it previously took 410 days to climb from $3 trillion to $4 trillion.

On October 28th, Eastern Time, Nvidia held its GTC conference in Washington, D.C., where CEO Jensen Huang discussed the cutting-edge prospects of the AI ​​industry. The presentation emphasized the importance of ecosystem collaboration, thanked global partners, and reviewed NVIDIA's 30-year history of technological development: from inventing the GPU and CUDA programming model to driving "accelerated computing" to become the next-generation computing model, successfully overcoming the physical limitations of Moore's Law and Denard scaling.

Currently, the CUDA ecosystem has built over 350 dedicated libraries, covering key areas such as computational lithography, numerical optimization, medical imaging, and quantum computing, becoming the core foundation supporting technological upgrades across various industries.

At the conference, Jensen Huang's speech covered a wide range of topics, including 6G, quantum computing, physical AI and robotics, nuclear fusion, and autonomous driving, which are hot topics in global capital markets. He also revealed NVIDIA's future business growth blueprint, demonstrating its determination to drive global technological change and the return of American industry.

Jensen Huang stated that Blackwell and the next generation of Rubin chips are driving the company into an unprecedented sales growth cycle. He also refuted concerns about a bubble in the artificial intelligence market, stating that the company's latest generation of chips is expected to generate up to $500 billion in revenue in the coming quarters.