Nvidia Hits $5 Trillion Market Cap as Chip Rally Ignites Tech Sector
Nvidia’s stock surged 4.3% to a record $208.27 on Friday, propelling its market capitalization past $5 trillion for the first time since October. The chipmaker now stands as the world’s most valuable publicly traded company, a position it first claimed in late 2025 when it initially breached the $5 trillion threshold.
Intel’s earnings beat sparked the rally, with shares soaring 24% in their best single-day performance since 1987. The momentum rippled across the semiconductor sector: AMD jumped 14%, while Qualcomm gained 11%. Analysts remain bullish, with 42 maintaining a Strong Buy rating and an average price target of $273.57 for NVDA.
The Nasdaq Composite rides the wave, up 15% in April—its strongest monthly showing since April 2020. Nvidia’s ascent from $1 trillion to $5 trillion in just three years underscores the breakneck pace of innovation in AI and high-performance computing.
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