NVIDIA Retakes Global Market-Cap Crown Above $5.17 Trillion as Shares Hit Record High

NVIDIA is the global leader in AI chips and data-center GPUs. Its market value has surged in recent years as major cloud providers expanded their AI infrastructure. Its latest move past Apple and Microsoft reflects both investors’ long-term expectations for computing demand and the growing importance of AI capital spending as a driver of U.S. equity valuations.

NVIDIA shares rose above $212.6 to an all-time high during U.S. trading on July 20, 2026. Its market capitalization initially reached $5.17 trillion, restoring it to the top global ranking, before climbing further to about $5.3 trillion. Co-founder and CEO Jensen Huang’s personal fortune increased by about $7.1 billion in a single day, another standout figure from the rally.