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,

Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country’s artificial intelligence infrastructure and technologies.