Nvidia is moving closer to becoming the world's first $6 trillion company after its shares returned to record territory, with options pricing suggesting the milestone could come into reach before the end of October.
The chipmaker closed Friday at $233.95, up 1.3% on the day. Based on roughly 24.1 billion shares outstanding, that put Nvidia's market capitalization at about $5.65 trillion. The company's latest quarterly filing with the Securities and Exchange Commission shows 24.1 billion common shares outstanding as of Aug. 21. It is also climbing on Monday.