Nvidia Stock Rockets to $5 Trillion Valuation – AI Frenzy Fuels Record Highs
Nvidia’s Santa Clara campus (headquarters). The company’s stock hit record highs this week as AI chip demand exploded, powering Nvidia to a historic $5 trillion market valuereuters.comreuters.com. Record Highs and Stock Performance Nvidia shares extended a remarkable run this week. On Oct 29, the stock closed at about $207.04, up ~3% on the day, pushing its market capitalization to $5.03 trillionreuters.com. This made Nvidia the first public company ever to exceed $5 trillion in valuereuters.com. By the next trading session (Oct 30), NVDA hovered around $204–$205reuters.com, a slight pullback in a broadly record-setting market (the S&P 500 and Nasdaq also