Nvidia Surges to First $5 Trillion Valuation Amid Chip Demand

UPDATE: In an unprecedented milestone, AI chipmaker Nvidia has officially become the first company to reach a staggering $5 trillion market valuation, just three months after surpassing the $4 trillion benchmark. This explosive growth is fueled by the skyrocketing demand for Nvidia’s chips, essential for AI technologies, as its stock soared to $207.86 in early trading today.

Nvidia CEO Jensen Huang is currently in South Korea, participating in the annual Asia-Pacific Economic Cooperation (APEC) summit, where leaders from major economies including the United States, China, and Japan are convening. The company’s remarkable ascent represents a significant shift in the tech landscape, underlining the vital role AI plays in today’s economy.

In a separate incident, authorities in Mississippi are actively searching for three escaped Rhesus monkeys following a truck overturning on a highway. Initially, it was reported that most of the animals had been killed, but Tulane University confirmed that three monkeys are still at large. Although there were fears that they could be dangerous, officials state that none of the monkeys are infected with diseases. The search continues as local authorities strive to capture these primates safely.

Meanwhile, Microsoft is grappling with a significant outage affecting its Azure cloud services. Users attempting to access popular platforms like Office 365 and Minecraft are facing difficulties due to issues with its global content delivery network. Microsoft is actively investigating the problem, with hopes of a swift resolution.

In technology news, Uber has announced plans to introduce autonomous taxi rides in the San Francisco Bay Area starting in late 2026. The ride-hailing giant aims to deploy 20,000 Lucid-based self-driving vehicles across various locations, revolutionizing urban transportation. The company will begin testing 100 vehicles in the coming months, marking a bold step into the future of mobility.

In a developing situation surrounding the popular app, reports indicate that a deal to place TikTok under U.S. ownership could be finalized as soon as tomorrow in South Korea. This potential agreement comes as tensions between the Trump administration and China remain high, with President Trump set to meet with Chinese President Xi Jinping to discuss trade relations.

In a heartwarming rescue, a dog was saved after falling from a coastal cliff in San Francisco. Firefighters managed to retrieve the pet, which had clung to a narrow ledge for over 20 minutes. The emotional reunion with its owner showcases the bond between pets and their families.

In sports news, former NFL star Adrian Peterson was arrested for driving while intoxicated in Texas. Police reports reveal he was found asleep in his running SUV at a gas station, leading to charges of DWI and unlawfully carrying a weapon. Peterson’s legal troubles come as he faces scrutiny over previous incidents.

As these stories continue to develop, stay tuned for updates on these urgent and impactful events.