Nvidia Becomes First $5 Trillion Company – Wall Street Turns Ultra-Bullish After $500 Billion AI Chip Orders

• Nvidia announced $500 billion in AI chip orders and plans seven supercomputers for the U.S. government at GTC 2025.
• Analysts at UBS, Melius Research, DA Davidson, and Bank of America raised price targets citing strong AI demand and partnerships.
• Market attention also focused on U.S.-China AI chip tensions, with Trump set to discuss Nvidia’s Blackwell chips with Xi Jinping on Thursday.

Nvidia (NVDA) shares rose to an all-time high of $211.63 as markets opened on Wednesday and the company became the first to reach a $5 trillion market capitalization.

The surge in Nvidia’s stock comes after the company announced $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government. It was the top trending ticker on Stocktwits at the time of writing. Retail sentiment around the AI bellwether surged to ‘extremely bullish’ from ‘bullish’ territory, with chatter rising to ‘extremely high’ from ‘normal’ levels over the past day. 

Multiple analysts on Wall Street have hiked their price targets on Nvidia’s stock after the slew of announcements made by the company at its annual GPU Technology Conference (GTC) in Washington on Tuesday.

Wall Street Becomes More Bullish On Nvidia

Bank of America, UBS, Melius Research, and DA Davidson all increased their price targets on Nvidia’s stock on Wednesday, according to TheFly. UBS analyst Timothy Arcuri raised his price target to $235 from $205, while maintaining a ‘Buy’ rating on the shares. He noted Nvidia’s commentary suggests Street estimates remain too low ahead of earnings in three weeks.

DA Davidson increased its target to $250 from $210, citing Nvidia’s leadership across quantum computing, telecommunications, and AI. Meanwhile, Bank of America raised its target to $275 from $235, describing management visibility through 2026 as “very positive.”

Melius Research had the most bullish target among its peers. It raised its target on Nvidia’s stock to $300 from $275, projecting potential revenues exceeding $800 billion by decade-end.

According to Koyfin data, the average price target on Nvidia’s shares is $221.69, which represents a potential upside of 5.2% from current levels. The stock has gained 54% this year and around 50% over the past 12 months.

Trump To Discuss Nvidia With Chinese President

The bullish momentum coincides with U.S. President Donald Trump’s visit to South Korea, where he is scheduled to meet Nvidia CEO Jensen Huang. Reuters reported that Trump plans to discuss Nvidia’s Blackwell AI chips with Chinese President Xi Jinping amid ongoing U.S. restrictions on AI chip sales to China, which previously accounted for 13% of Nvidia’s revenue.

Read also: Bitcoin Slips Ahead Of Fed Rate Cut Decision — Ethereum, Dogecoin Lead Declines

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