Nvidia Crowned with $5 Trillion Market Cap Amid Chip Stocks Rally
Nvidia (NVDA) has reclaimed the prestigious $5 trillion market capitalisation mark as of Friday, fuelled by a robust rally in semiconductor stocks. Strong earnings from Intel (INTC) and a recent nuclear power agreement with Oklo (OKLO) significantly boosted investor confidence, leading to a surge in share prices.
The technology giant’s stock experienced an increase of up to 4.2% on Friday, resulting in an additional $200 billion to its market value, which peaked at approximately $5.12 trillion. Nvidia’s market cap now surpasses that of the second-largest company, Alphabet (GOOG, GOOGL), by a staggering $1 trillion.
In addition to this remarkable milestone, Nvidia reached a record closing high at $208 per share. This figure is just shy of its all-time intraday peak of $212.19 set on October 29, 2025.
It’s worth noting that Nvidia did not have a smooth start to the year; the stock was down 6.4% in the first quarter. However, April marked a significant turnaround for the company. Over the last month, Nvidia’s share price has soared by 20%, driven by a broader uplift in semiconductor shares.
As reported by Yahoo Finance’s Jared Blikre and Brian Sozzi, the Philadelphia Semiconductor Index, or SOX (^SOX), is witnessing an unprecedented 18-day winning streak, adding tens of billions in market value to prominent industry players such as Broadcom (AVGO), Taiwan Semiconductor (TSM), Micron (MU), AMD (AMD), Intel (INTC), and Texas Instruments (TXN).
In a noteworthy achievement, Intel’s stock has climbed past its historic highs reached during the tech boom following the release of its earnings report late Thursday.
The ongoing surge in semiconductor stocks, coupled with Nvidia’s remarkable recovery and strong performance, underscores the resilience and potential of the technology sector, especially within the artificial intelligence and chips domain.
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