NVIDIA tops $5T market cap
- Nvidia shares closed at a record $208.27 on Friday, April 24, lifting the chipmaker’s market value past $5 trillion again before Monday trading. - Epoch AI estimates Nvidia shipped 2,957,362 H100-equivalent accelerators in Q4 2025, nearly two-thirds of measured AI compute capacity that quarter. - The rally came before hyperscaler earnings, with AI infrastructure demand still driving chip stocks higher. (cnbc.com)
Nvidia closed at a record $208.27 on Friday, April 24, pushing its market capitalization back above $5 trillion. (cnbc.com) CNBC reported the stock rose 4.3% that day, its first record close since October, as investors bought chip shares ahead of earnings from the biggest cloud companies. (cnbc.com) By midday Monday, April 27, CNBC’s quote page showed Nvidia at $211.49, a $5.139 trillion market cap, and a session high of $211.95. (cnbc.com) The company sits at the center of the artificial intelligence buildout because its graphics processing units, or GPUs, are the chips Google, Microsoft, Meta, Amazon, OpenAI and Anthropic use to train and run large models. (cnbc.com) A new public dataset from Epoch AI helps show the scale behind that lead. It estimates Nvidia shipped 2,957,362 H100-equivalent accelerators in Q4 2025, a common yardstick that converts different AI chips into the computing power of Nvidia’s H100. (epoch.ai) (247wallst.com) 24/7 Wall St., citing Epoch AI, said that total was nearly two-thirds of measured AI compute capacity for the quarter. It also said Alphabet, Advanced Micro Devices and Amazon combined shipped only about half Nvidia’s volume on the same H100-equivalent basis. (247wallst.com) Epoch AI says its database uses company financial reports, disclosures, analyst estimates and media reports to estimate chip volumes, compute, cost and power use across vendors. (epoch.ai) The stock move also came with a broader semiconductor rally. CNBC said Intel jumped 24% on Thursday earnings, Advanced Micro Devices rose 14%, and Qualcomm gained 11% on Friday. (cnbc.com) Nvidia’s rise has been steep even by megacap standards. CNBC said the shares are up more than 14-fold since the end of 2022 as demand for artificial intelligence services and models accelerated. (cnbc.com) The next test is whether the cloud giants’ spending plans keep matching the market’s expectations. For now, Nvidia’s valuation is tracking the same basic bet as its shipment lead: that the AI buildout is still expanding. (cnbc.com) (epoch.ai)
