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Nvidia tops 5 trillion market cap again as NVDA surges 5% on AI chip demand

Business
Published on 24 April 2026
Nvidia tops 5 trillion market cap again as NVDA surges 5% on AI chip demand

A single session jump took Nvidia back above 5 trillion

Nvidia has reclaimed the $5 trillion market cap milestone after NVDA climbed more than 5% in one session. The surge is being attributed to accelerating global demand for AI chips across data centers, cloud platforms, and enterprise systems. With revenue already above $215 billion and profits leading the sector, analysts are pushing price targets higher—though valuation risks are also being questioned.

  • NVDA jumped over 5% in a single session, lifting Nvidia above $5 trillion again
  • AI chip demand across data centers, cloud, and enterprise remains the main driver
  • Nvidia’s revenue has topped $215 billion with strong profitability
  • Analysts see upside, but investors are watching valuation concerns
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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