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International Business Times
International Business Times
Business
IBT Newsroom

NVIDIA Corporation Nears $5 Trillion Valuation As AI Hype Fuels US Equity Rally

The US stock market is once again being led higher by technology giants, with NVIDIA Corporation closing in on a historic $5 trillion market valuation. As of 11:27 UTC, the company's stock was trading at approximately $201.03 per share, giving it a market capitalization of about $4.53 trillion.

NVIDIA's rise reflects the continuing enthusiasm surrounding artificial intelligence and advanced computing. Its shares gained more than 3 percent in premarket trading, extending a rally that has made the company the most influential driver of this year's equity gains. The S&P 500 and Nasdaq 100 futures both edged higher, while Dow Jones futures traded slightly lower, suggesting that investors remain focused on growth and technology sectors.

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