Nvidia's market capitalization has exceeded $5 trillion, marking a significant milestone for the tech giant. The company's journey includes a notable period of growth during the cryptocurrency booms of 2017 and 2020-2021, when demand for GPUs surged due to mining activities. However, the subsequent Chinese mining ban and Ethereum's shift to Proof of Stake led to a collapse in the graphics card market, prompting Nvidia to pivot away from mining towards AI computing. The rise of AI, particularly driven by the popularity of ChatGPT, has positioned Nvidia as a dominant force in the computing power era, capturing over 90% of the AI chip market. Despite short-term stock price impacts from open-source projects like DeepSeek, these developments have only increased demand for computing power, further solidifying Nvidia's leadership in the industry.