Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a rally that has cemented its place at the center of the global artificial intelligence boom. The Wall Street milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry,

The chipmaker’s 62-year-old founder is on a mission to speed global adoption of artificial intelligence and bring Nvidia’s technology to every corner of the economy. Huang is also trying to prove to skeptics on Wall Street warning of an AI bubble that trillions of dollars in infrastructure investments — including his company’s prized chips — will pay off soon.