Nvidia Reclaims $5 Trillion Market Capitalisation Amid Chip Stock Surge
Nvidia (NVDA) has regained its status as a $5 trillion company, according to Yahoo Finance, thanks to a significant increase in chip stocks spurred by promising earnings from Intel (INTC) and a nuclear power agreement with Oklo (OKLO). This revitalisation in the semiconductor sector has propelled Nvidia’s stock, which saw a remarkable rise of up to 5.2% during afternoon trading, contributing an impressive $260 billion to the company’s overall market capitalisation, bringing it to $5.12 trillion.
This market milestone places Nvidia’s valuation $1 trillion ahead of its nearest competitor, Alphabet (GOOG, GOOGL). If the positive momentum continues, Nvidia is poised to conclude the day at a record high. As the stock approached $209 per share, it neared its previous all-time high of $212.19 established on October 29, 2025.
However, Nvidia’s journey to this triumph has not been straightforward. The year began unfavourably; in the first quarter, the company’s shares had fallen by 6.4%. Yet, the month of April marked an impressive resurgence for Nvidia, with its stock appreciating by 20%, largely driven by the ongoing rally in semiconductor shares.
According to Yahoo Finance analysts Jared Blikre and Brian Sozzi, the Philadelphia Semiconductor Index (SOX) has impressed observers with an exceptional 18-day winning streak, adding significant value to various industry giants, including Broadcom (AVGO), Taiwan Semiconductor (TSM), Micron (MU), AMD (AMD), Intel, and Texas Instruments (TXN). Notably, Intel’s stock soared past its previous record highs set during the tech boom following the release of its recent earnings report on Thursday.
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