NVIDIA nears $6 trillion market cap

NVIDIA moved within reach of a $6 trillion market capitalization on May 14 after another sharp gain in its stock extended a weeklong rally tied to artificial-intelligence spending. Bloomberg reported the shares rose as much as 4.7% to $236.47 on Thursday, adding more than $900 billion in market value over seven trading days. The move pushed the company toward a valuation no listed company has previously reached. NVIDIA’s rise comes as customers keep committing billions of dollars to AI data centers, chips and networking gear. ### How close did NVIDIA get to the $6 trillion mark? Bloomberg reported on May 14 that NVIDIA’s stock climbed as much as 4.7% to $236.47, extending a 20% gain over seven days. That run added more than $900 billion to the company’s market capitalization and brought it close to $6 trillion. CompaniesMarketCap, which tracks listed-company valuations from share prices, showed NVIDIA at about $5.709 trillion as of May 2026. (bloomberg.com) That figure is not an official company filing, but it illustrates how close the stock’s recent move has brought it to the $6 trillion threshold. ### What is driving the latest surge in the shares? NVIDIA said on February 25 that fourth-quarter revenue reached $68.1 billion and data-center revenue hit $62.3 billion, both records. (bloomberg.com) Full-year revenue was $215.9 billion, up 65% from the prior year, according to the company’s fiscal 2026 results. Jensen Huang said in NVIDIA’s third-quarter fiscal 2026 release that “Blackwell sales are off the charts, and cloud GPUs are sold out.” The company said then that demand was accelerating across both training and inference workloads, giving investors another data point for sustained AI infrastructure spending. (companiesmarketcap.com) Bloomberg reported that investors have continued to buy shares of companies seen as direct beneficiaries of the flood of AI spending. (nvidianews.nvidia.com) That buying has centered on chipmakers and infrastructure suppliers, with NVIDIA still viewed by the market as the clearest proxy for demand from cloud and enterprise customers. ### What do the OpenAI investment reports show? (nvidianews.nvidia.com) NVIDIA and OpenAI said on September 22, 2025, that they had signed a letter of intent for a strategic partnership to deploy at least 10 gigawatts of NVIDIA systems for OpenAI’s next-generation infrastructure. NVIDIA said it intended to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed, with the first gigawatt scheduled for the second half of 2026 on the Vera Rubin platform. (bloomberg.com) Bloomberg reported on January 29 that NVIDIA was in talks to invest up to $30 billion in OpenAI as part of a broader funding round, citing the Information. Bloomberg then reported on February 3 that NVIDIA was nearing a deal to invest $20 billion in that round, and on March 31 that OpenAI completed a $122 billion fundraising at an $852 billion valuation with backing from investors including NVIDIA. (investor.nvidia.com) Jensen Huang said on January 31 that NVIDIA would participate in OpenAI’s latest funding round and described it as potentially “the largest investment we’ve ever made.” He did not give a final dollar amount in those remarks. ### Why are investors watching those capital commitments so closely? OpenAI’s infrastructure buildout matters to NVIDIA because the partnership ties funding, data-center capacity and future GPU deployments together. (bloomberg.com) NVIDIA’s September 2025 statement said the first phase would use its Vera Rubin platform and scale over multiple gigawatts. (bloomberg.com) Bloomberg reported in September 2025 that NVIDIA’s planned investment in OpenAI was meant to support data centers equipped with NVIDIA’s advanced chips. Bloomberg also reported that some analysts had raised concerns about interconnected AI financing structures, but those concerns were attributed to analysts and not stated by NVIDIA. (investor.nvidia.com) ### What comes next for NVIDIA? The second half of 2026 is the next concrete milestone in the OpenAI partnership, when the first gigawatt of NVIDIA systems is scheduled to be deployed on the Vera Rubin platform. NVIDIA investors are also awaiting the company’s next quarterly earnings report later in May for updated figures on Blackwell shipments, data-center revenue and customer spending. (investor.nvidia.com) (bloomberg.com)