Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation

Nvidia shares pop 3% in premarket as tech giant nears historic  trillion valuation

Visitors visit the NVIDIA booth at the 3rd China International Supply Chain Expo in Beijing, China, on July 20, 2025.

Costfoto | Nurphoto | Getty Images

Shares of Nvidia rose more than 3% in premarket trade on Wednesday, putting the tech giant on track to become the first company to cross the $5 trillion market value threshold.

The latest move higher comes shortly after CEO Jensen Huang said Nvidia expects $500 billion in artificial intelligence chip orders and announced plans to build seven new supercomputers for the U.S. government.

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