NVIDIA hits $5.5 trillion value

Nvidia shares rose to a record on May 14, 2026, lifting the Santa Clara, California, chip designer's market capitalization above $5.5 trillion based on its intraday high. Nvidia's investor relations site listed the stock's session high at $236.54 and its closing price at $235.74 on Thursday. With about 24.2 billion shares outstanding, market-cap trackers and stock data services showed the company valued at roughly $5.7 trillion by May 15. The move extended a rally that has made Nvidia the world's most valuable listed company by market capitalization, according to market-cap data services. The stock closed at $225.83 on May 13 and had traded as high as $227.84 that day, according to historical price data cited by stock data sites. Nvidia has not issued a statement saying it crossed $5.5 trillion, but the valuation follows directly from the share price and shares outstanding. (investor.nvidia.com) ### How did investors get to a $5.5 trillion figure? Nvidia's May 14 intraday high of $236.54 is the key input. The company's investor page showed that price for Thursday's session, while market-cap trackers listed Nvidia at about $5.71 trillion as of May 2026. Market capitalization is calculated by multiplying a company's share price by its shares outstanding. (macrotrends.net) Using roughly 24.2 billion shares outstanding, as shown by stock data services, a share price in the mid-$230s yields a valuation well above $5.5 trillion. That means the "briefly reached" framing used in online market commentary is consistent with the stock's intraday trading range. (investor.nvidia.com) ### Did Nvidia actually close above that level? Nvidia closed at $235.74 on May 14, according to its investor relations site. That closing price still implied a valuation above $5.5 trillion using the same share count, and market-cap trackers on May 15 placed the company around $5.7 trillion. Yahoo Finance historical data also showed Nvidia at $235.74 at the May 14 close, up $9.91, or 4.39%, for the session. (stockanalysis.com) The stock was lower in premarket trading on May 15, though premarket prices do not set the official closing market value. ### What is Wall Street watching next? Nvidia is scheduled to report first-quarter fiscal 2027 results on May 20, 2026, at 2 p.m. (investor.nvidia.com) Pacific, according to the company's investor calendar. The event page says the webcast will cover results for the quarter ended April 26, 2026. (finance.yahoo.com) Analyst consensus compiled by market data services points to quarterly revenue of about $79 billion and adjusted earnings per share of roughly $1.76 to $1.78. Nvidia said after its last quarterly report that it expected first-quarter revenue of about $78.0 billion, plus or minus 2%, excluding data center compute revenue from China. ### Why are traders tying the valuation to AI demand? (investor.nvidia.com) Nvidia reported fiscal 2026 revenue of $215.9 billion, up 65% from a year earlier, according to its financial reports page. In the quarter ended January 25, 2026, revenue rose 73% year over year to $68.1 billion, and CNBC reported that more than 91% of sales came from Nvidia's data center unit, which houses its AI chips. (benzinga.com) At its February results announcement, Nvidia forecast about $78 billion in first-quarter revenue and said the outlook excluded data center compute revenue from China. That guidance, together with the company's recent growth rate, has kept investor focus on whether demand for AI servers and accelerators can support another step up in sales when Nvidia reports on May 20. (investor.nvidia.com) May 20 is the next dated milestone. Nvidia said first-quarter fiscal 2027 results will be released ahead of a 2 p.m. Pacific webcast, and the company said written commentary from CFO Colette Kress will be posted on its investor site before the call. (investor.nvidia.com) (finviz.com)