NVIDIA tops $5.5 trillion market cap

NVIDIA's market value moved above $5.5 trillion again on Tuesday, putting the chip designer more than $1 trillion ahead of the next-largest listed company by market capitalization. Market-cap trackers including CompaniesMarketCap showed NVIDIA at about $5.586 trillion during the session, compared with roughly $4.537 trillion for Apple and about $4.352 trillion for Alphabet. A June 1 post from the X account StockMKTNewz circulated a screenshot showing the same threshold had been crossed. NVIDIA has not issued a statement about the milestone. ### How big was the gap when NVIDIA crossed the line? CompaniesMarketCap listed NVIDIA at $5.586 trillion on June 2, with Apple second at $4.537 trillion. That implied a lead of about $1.05 trillion based on the figures displayed on the site. The same tracker showed Alphabet at $4.352 trillion and Microsoft at $3.308 trillion. The ranking placed NVIDIA first globally among listed companies by market value. ### Where did the $5.5 trillion figure come from? A June 1 post by StockMKTNewz on X said NVIDIA was "back above a $5.5 Trillion Market Cap" and attached a timestamped market-data image. The post matched figures shown by market-cap tracking sites on Tuesday. Forbes also reported on May 13 that NVIDIA had reached the $5.5 trillion mark for the first time, describing it as the highest market capitalization recorded by a publicly traded company. Tuesday's move indicated the company had returned to that level after subsequent trading swings. ### What has NVIDIA reported most recently? NVIDIA said on May 20 that first-quarter revenue for the period ended April 26 rose 85% from a year earlier to a record $81.6 billion. The company said data center revenue reached a record $75.2 billion, up 92% from a year earlier. The Santa Clara, California, company also said its board approved an additional $80 billion in share repurchases on May 18. NVIDIA said it would raise its quarterly cash dividend from $0.01 per share to $0.25 per share. ### Why are investors still focused on market cap instead of just earnings? Market capitalization is calculated by multiplying a company's share price by its shares outstanding, so it moves with the stock even between earnings reports. NVIDIA's investor materials still direct shareholders to its June 2024 10-for-1 stock split FAQ, which explains the larger share count underlying its current market value. The ranking matters because it compares equity value across companies using the same measure. On Tuesday, CompaniesMarketCap's broader asset table showed only gold ahead of NVIDIA when non-company assets were included. ### What does the latest ranking say about NVIDIA's place in markets right now? CompaniesMarketCap's June 2 table listed NVIDIA as the largest public company in the world. Apple, Alphabet and Microsoft followed behind, all below the $4.6 trillion level shown on the site. That ordering aligns with the social-media claim that NVIDIA led the next-largest company by at least $1 trillion. Based on Tuesday's displayed figures, the spread over Apple was just above that threshold. ### What comes next on NVIDIA's calendar? NVIDIA said its higher quarterly dividend will be paid on June 26, 2026, to shareholders of record on June 4. The company also has an $80 billion additional repurchase authorization in place following board approval disclosed with its May 20 earnings release.