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Nvidia stock hits record high as market cap surges to 5.2 trillion on AI chip demand

Economy
Published on 27 April 2026
Nvidia stock hits record high as market cap surges to 5.2 trillion on AI chip demand

AI chip demand drives a market cap leap past

Nvidia’s stock is soaring to new highs as relentless demand for AI chips meets massive spending from big technology firms. The surge has pushed the company’s market value to about $5.2 trillion, fueled by rapid revenue growth and rising investor enthusiasm. Analysts expect momentum to continue, but competition and next-quarter earnings will decide whether Nvidia can sustain the rally as AI and cloud markets expand.

  • Nvidia shares hit a record high on AI chip demand
  • Market cap climbs to around 5.2 trillion
  • Big tech spending is accelerating revenue growth
  • Competition and future earnings will shape the next move
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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