Nvidia becomes first company to cross $5 trillion in market cap
Nvidia on Friday crossed a market capitalisation of $5 trillion, becoming the most valuable listed company globally, according to market data.
The chipmaker’s valuation stood at about $5.08 trillion, ahead of Alphabet at $4.1 trillion and Apple at $3.97 trillion. Microsoft and Amazon followed with market values of $3.13 trillion and $2.82 trillion, respectively.
Nvidia’s stock was trading at about $209.7, up 5.04% on the day, after hitting an intraday high of $210.95. The rally pushed Nvidia’s valuation to over $5.1 trillion.
