Nvidia's market capitalization surpasses $5 trillion: A look back at its brief honeymoon with Crypto Assets. Author: Aki Wu. As of the end of October 2025, Nvidia's stock price reached a new historical high, with its market capitalization exceeding the $5 trillion mark, becoming the first company in the world to cross this market capitalization threshold. Since the launch of ChatGPT at the end of 2022, Nvidia's stock price has surged over 12 times. The AI revolution has not only driven the S&P 500 index to new highs but has also sparked discussions about a technology valuation bubble. Today, Nvidia's market capitalization has even surpassed the total scale of the entire Crypto Assets market. In terms of global GDP rankings, Nvidia's market capitalization is only second to the United States and China. It's remarkable that this super star of the AI era once had a 'honeymoon period' in the Crypto Assets field. This article will review the tumultuous history of Nvidia and the Crypto Mining industry, and why it chose to pivot towards its core AI business. The Crypto bull run frenzy: gaming graphics cards transformed into 'money printing machines'. Looking back at Nvidia's history is also a legendary narrative of the constant evolution of technology.