Nvidia shares hit a record, briefly pushing its market cap past $5 trillion
The rally underscores how central Nvidia’s GPUs remain to AI infrastructure spending across Big Tech.
Nvidia shares closed at a record, briefly pushing the company’s market value past $5 trillion as investors rotated back into AI-linked chip names. The move came as Intel’s blowout earnings reignited enthusiasm across semiconductors, lifting peers like AMD and Qualcomm as well.
Nvidia’s run reflects continued demand for AI compute from hyperscalers and frontier-model developers ahead of another heavy week of Big Tech earnings and capex signals.
Read the original reporting at CNBC.
