Nvidia was set to make history on Wednesday as the first company to reach $5 trillion in market value, extending a powerful rally that has cemented its place at the center of the global artificial intelligence boom.

Wall Street anticipates a higher opening as Nvidia approaches a $5 trillion valuation, driven by significant AI investments. Expectations of Federal Reserve rate cuts and Big Tech earnings are contributing to market optimism,

Nvidia is working with several communications companies, including Booz Allen, Cisco, MITRE, ODC and T-Mobile to create what they're calling America's first AI-native wireless stack for 6G, integrating advanced AI across hardware, software and architecture to prepare future networks for the growth of AI traffic.

Nvidia is partnering with Spectro Cloud, a startup backed by Goldman Sachs, to simplify AI adoption and management.

The company envisions the addition of generative AI in robotics, machines, autonomous vehicles and physical devices.

Eli Lilly said on Tuesday it was collaborating with Nvidia to build a supercomputer to help with drug discovery and shorten development cycles, getting medicines to people faster.

Nvidia Corp. boss Jensen Huang plans to unveil new contracts to supply AI chips to major South Korean companies, including Samsung Electronics Co. and Hyundai Motor Group, when he visits the

The drugmaker hopes an Nvidia-chip powered supercomputer will help it find new drugs and accelerate lengthy R&D timelines.

The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry