-+ 0.00%
-+ 0.00%
-+ 0.00%
Nvidia is about to become the first company with a market capitalization above $6 trillion. Investors returned to the AI chip maker after weak performance at the beginning of this year. The company provided strong revenue guidance and launched the largest share repurchase in history, using valuation levels that have been around the low level for many years to push the stock price to once again reach a record high. The two core highlights of strong growth and undervaluation stand out, particularly in the context of investors dealing with high interest rates and weak economic data. Jim Award, senior managing director of Clearstead Advisors, who holds Nvidia shares, said, “Nvidia has both growth and value attributes. In an environment where high interest rates may impact the economy, it is like a safe haven. Taken together, Nvidia is currently very attractive. If investors have concerns, they will continue to flock to this target.” The stock's biggest increase in early Tuesday trading reached 1.9%, driving the S&P 500 index to its first record high since August. Nvidia's stock price increased 30% cumulatively during the year, and its market capitalization increased by $1.3 trillion to close to $5.8 trillion. The company was also the biggest contributor to the 2026 S&P 500's 14% increase.
Share
Listen to the news
Nvidia is about to become the first company with a market capitalization above $6 trillion. Investors returned to the AI chip maker after weak performance at the beginning of this year. The company gave strong revenue guidance and launched the largest share repurchase in history, using valuation levels close to years of low levels to push the stock price to another record high. The two core highlights of strong growth and undervaluation stand out, particularly in the context of investors dealing with high interest rates and weak economic data. Jim Award, senior managing director of Clearstead Advisors, who holds Nvidia shares, said, “Nvidia has both growth and value attributes. In an environment where high interest rates may impact the economy, it is like a safe haven. Taken together, Nvidia is currently very attractive. If investors have concerns, they will continue to flock to this target.” The stock's biggest increase in early Tuesday trading reached 1.9%, driving the S&P 500 index to its first record high since August. Nvidia's stock price increased 30% cumulatively during the year, and its market capitalization increased by $1.3 trillion to close to $5.8 trillion. The company was also the biggest contributor to the 2026 S&P 500's 14% increase.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending