Nvidia Sets New Record With Nearly $5.3 Trillion Value After AI Darling Surges 4%

BreakingBusinessNvidia Sets New Record With Nearly $5.3 Trillion Value After AI Darling Surges 4%ByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorApr 27, 2026, 05:29pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineNvidia recorded the highest ever market capitalization in the history of publicly traded companies Monday, reaching nearly $5.3 trillion after shares closed up 4%, continuing a weeks-long string of boosts that began early this month. Nvidia's stock closed Monday up just over 4%.Photo by I-HWA CHENG/AFP via Getty ImagesKey FactsNvidia’s market cap hit $5.26 trillion Monday, with shares closing near trading session highs and inching up in extended-hours trading. The jolt in market cap further cemented Nvidia’s position as the most valuable company in the world, far above Google ($4.2 trillion) and Apple ($3.9 trillion) as its closest competitors for the title.The surge in Nvidia shares Monday comes as Qualcomm, an Nvidia partner, and OpenAI, a major Nvidia customer, announced a deal to create smartphone processing chips for OpenAI. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script); }; document.head.appendChild(iframe); const preloadResourcesEndpoint = 'https://cds.elements.video/a/preload-resources-ovp.json'; fetch(preloadResourcesEndpoint, { priority: 'low' }) .then(response => { if (!response.ok) { throw new Error('Network response was not ok', preloadResourcesEndpoint); } return response.json(); })...