
The total market value of the Magnificent Seven tech giants soared past $22.2 trillion on Wednesday, powered by a surge in Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark for the first time ever—now eclipsing the entire economy of Japan.
Shares of the AI chip leader jumped 4.4% in early trading, building on Tuesday's 5% rally, after CEO Jensen Huang revealed the company has booked $500 billion in AI datacenter orders for 2026, and announced plans to build seven AI supercomputers for the U.S. Department of Energy.