Nvidia stock on track for record close, pushing market cap over $5 trillion once again

The banal gained arsenic overmuch arsenic 5.2% successful day trading, adding $260 cardinal successful worth to the company’s marketplace capitalization, which roseate arsenic precocious arsenic $5.12 trillion.

Nvidia is present worthy $1 trillion much successful marketplace headdress than the second-largest company, Alphabet (GOOG, GOOGL).

If the afternoon’s gains hold, Nvidia is connected way to adjacent astatine a grounds high. At $209 per share, the banal is conscionable disconnected its all-time intraday precocious of $212.19, reached connected Oct. 29, 2025.

Nvidia did not commencement the twelvemonth connected a definite footing. Through the archetypal 3 months of the year, shares of the artificial quality person were down 6.4%.

But April has provided a compelling comeback story. Over the past month, Nvidia banal has risen 20%, helped by the broader rally successful semiconductor stocks.

As Yahoo Finance’s Jared Blikre and Brian Sozzi person written, the Philadelphia Semiconductor Index, known arsenic the SOX (^SOX), is connected a historical 18-day winning streak, adding tens of billions of dollars successful worth to companies similar Broadcom (AVGO), Taiwan Semiconductor (TSM), Micron (MU), AMD (AMD), Intel (INTC), and Texas Instruments (TXN).

Intel banal notably overtook its grounds highs reached during the tech bubble connected Friday aft its net study came retired precocious Thursday.

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