Nvidia Hits $5 Trillion Market Cap on Record High
Nvidia shares surged to a record closing high on Monday, pushing the artificial intelligence chipmaker's market capitalization above $5 trillion for the first time since October 2025 and underscoring robust demand for its products.
The stock climbed 4 percent to settle at $216.61, after touching an intraday peak of $216.83. Trading volume exceeded 184 million shares, surpassing recent averages and reflecting strong investor interest. After-hours activity lifted shares further to $218.75. The rally extended gains from Friday, when Nvidia closed at $208.27 following a 4.3 percent advance that breached prior records. Year-to-date, the shares have risen about 16 percent, nearly doubling over the past 12 months.
The advance capped a breakout from a multi-month trading range, fueled by optimism surrounding AI infrastructure expansion. Nvidia dominates the market for graphics processing units essential for training large language models. Its data center segment, the primary growth driver, reported fiscal 2026 revenue of $215.9 billion, up 65 percent from the prior year. Recent quarterly results showed $68.13 billion in revenue, a 73 percent increase, with earnings per share of $1.62...