Nvidia's Reaches New Record at Nearly $5.3T Value
Article URL: https://www.forbes.com/sites/antoniopequenoiv/2026/04/27/nvidia-sets-new-record-with-nearly-53-trillion-value-after-ai-darling-surges-4/ Comments URL: https://news.ycombinator.com/item?id=47930623 Points: 1 # Comments: 0
Article URL: https://www.forbes.com/sites/antoniopequenoiv/2026/04/27/nvidia-sets-new-record-with-nearly-53-trillion-value-after-ai-darling-surges-4/
Comments URL: https://news.ycombinator.com/item?id=47930623
Nvidia recorded the highest ever market capitalization in the history of publicly traded companies Monday, reaching nearly $5.3 trillion after shares closed up 4%, continuing a weeks-long string of boosts that began early this month.
Nvidia’s market cap hit $5.26 trillion Monday, with shares closing near trading session highs and inching up in extended-hours trading.
The jolt in market cap further cemented Nvidia’s position as the most valuable company in the world, far above Google ($4.2 trillion) and Apple ($3.9 trillion) as its closest competitors for the title.
The surge in Nvidia shares Monday comes as Qualcomm, an Nvidia partner, and OpenAI, a major Nvidia customer, announced a deal to create smartphone processing chips for OpenAI.
The S&P 500 also set a new record high Monday, closing at 7,173.91, up just over 0.1% on the day.
Approximately 1,300%. That’s how much Nvidia’s stock has risen in the last five years. That is a roughly 14-time increase since 2021.