NVIDIA Market Cap Surpasses $5 Trillion: Risks and Opportunities Amid AI Chip Monopoly

NVIDIA's market cap exceeds $5 trillion, surpassing Apple as the world's most valuable company. Data center GPU revenue reaches $40 billion quarterly with a 78% gross margin. However, analysts warn of risks: increased competition from AMD MI400, cloud vendors' custom chips (TPU/Trainium/Intel Gaudi), and potential peak demand for AI training compute. NVIDIA CEO Jensen Huang announces upcoming Rubin next-generation architecture.