NVIDIA tops $5 trillion market cap
- Nvidia shares closed at a record $208.27 on Friday, April 24, lifting the chipmaker’s market value above $5 trillion again as investors rushed back into artificial-intelligence and semiconductor stocks. - The stock rose 4.3% in one session, adding more than $200 billion in value and pushing Nvidia to roughly $5.06 trillion, with hyperscaler earnings due the following week. - The rally followed Intel’s blowout quarter and renewed bets on AI infrastructure, even as Alphabet prepares rival chips for cloud customers later this year. (cnbc.com)
Nvidia closed at a record $208.27 on Friday, April 24, pushing its market value back above $5 trillion. (cnbc.com) The stock rose 4.3% in the session, its first record close since October. Yahoo Finance said the move added more than $200 billion in a day and briefly lifted Nvidia to about $5.12 trillion intraday. (cnbc.com) (finance.yahoo.com) The rally came as investors piled back into chip stocks before earnings from Microsoft, Meta, Amazon and Alphabet, the giant cloud companies that buy huge amounts of Nvidia hardware. (cnbc.com) Intel helped set the tone a day earlier. Its shares jumped 24% after better-than-expected earnings, their best day since 1987, while Advanced Micro Devices rose 14% and Qualcomm gained 11%. (cnbc.com) (finance.yahoo.com) Nvidia’s rise is tied to one business: selling the processors that train and run artificial-intelligence models in data centers. Google, Microsoft, Meta and Amazon all rely on those graphics processing units, or GPUs, alongside model companies such as OpenAI and Anthropic. (cnbc.com) The scale is unusual even by megacap standards. Stock Analysis put Nvidia’s market capitalization at $5.06 trillion as of April 24, up 81.39% from a year earlier. (stockanalysis.com) The comeback also followed a shakier start to 2026, when investors had pulled back from large technology stocks as oil prices surged during the Iran war and supply-chain disruptions spread through the market. By April 24, the Nasdaq Composite was up 15% for the month, on pace for its best April since 2020. (cnbc.com) Competition is still building around Nvidia’s lead. CNBC reported that Alphabet, one of Nvidia’s own customers, plans to offer new in-house chips to cloud customers later this year. (cnbc.com) For now, the market is still valuing Nvidia as the main supplier of the hardware behind the artificial-intelligence buildout. Friday’s close showed investors are still willing to pay up for that position. (cnbc.com)
