While the long-term outlook for AI remains encouraging and this technology has real-world applications in most industries around the globe, Nvidia's chances of becoming Wall Street's first $5 trillion company are likely going to be thwarted by history.

Nvidia Corporation (NASDAQ:NVDA) has consistently defied skeptics, surpassing revenue expectations and expanding margins amid an AI-driven surge

Nvidia (NVDA) has solidified its position as a leader in the technology industry, especially within the semiconductor space. No other semiconductor company has experienced growth as explosive as Nvidia’s.

Nvidia (NASDAQ: NVDA) has become the second-largest company in the world, with a market capitalization of $3.3 trillion as of this writing. The terrific demand for artificial intelligence (AI) chips is playing a key role in helping the chipmaker achieve this position.