Investors ask whether $5 trillion Nvidia can sustain our faith in AI

Nvidia is the first company in history to attain a market cap of more than $5 trillion. The milestone marks the end of a run that has made the chip designer the de facto engine of the artificial-intelligence age and a reflection of market psychology itself. The chip giant’s value has come to represent the extent to which people believe AI will become a reality. Nvidia isn’t only selling chips; it’s also setting the pace of technical innovation with each new product cycle, from the Blackwell Ultra to the next Rubin architecture. However, the ride is far from over, if…