Bloomberg Intelligence Nvidia is First to $5 Trillion
Oct 29, 2025
In this discussion, Michael Shepard, a tech expert at Bloomberg, highlights NVIDIA's monumental leap to a $5 trillion market cap and its transformative impact on AI. Christopher Ciolino shares insights on Caterpillar's robust earnings, driven by booming demand for data-center power-generation. Meanwhile, George Ferguson analyzes Boeing's setbacks with a $4.9 billion charge due to delays in the 777X but notes positive cash flow signs. Together, they explore the future of these industry giants amid shifting market dynamics.
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NVIDIA’s Market Cap Signals AI Momentum
- NVIDIA's market value reflects deep investor conviction in AI and accelerating capex into data centers.
- Michael Shepard says hyperscalers' buying creates a symbiosis that sustains momentum beyond headline valuations.
AI Spending Is Structural, Not A Bubble
- Jensen Huang argues the shift to accelerated computing makes AI spending structural, not a bubble.
- Michael Shepard notes NVIDIA frames AI uses beyond chatbots, spanning robotics, cybersecurity, and automation.
Partnerships Prove AI’s Broad Commercial Reach
- NVIDIA is showcasing partnerships across industries to prove AI adoption and revenue potential.
- Shepard highlights deals with Uber, Lucid, CrowdStrike, and Palantir as evidence of broad application.