Nvidia (NVDA) retook the $5 trillion market cap crown on Friday, according to Yahoo Finance data, as a powerful rally in chip stocks encouraged by Intel (INTC) earnings and a nuclear power deal with Oklo (OKLO) boosted shares.
The stock gained as much as 4.2% on Friday, adding more than $200 billion in value to the company’s market capitalization, which rose as high as $5.12 trillion.
Nvidia is now worth $1 trillion more in market cap than the second-largest company, Alphabet (GOOG, GOOGL).
Nvidia also notched a record closing high. At $208 per share, the stock is just off its all-time intraday high of $212.19, reached on Oct. 29, 2025.
Nvidia did not start the year on a sure footing. Through the first three months of the year, shares of the artificial intelligence leader were down 6.4%.
But April has provided a compelling comeback story. Over the past month, Nvidia stock has risen 20%, helped by the broader rally in semiconductor stocks.
As Yahoo Finance’s Jared Blikre and Brian Sozzi have written, the Philadelphia Semiconductor Index, known as the SOX (^SOX), is on a historic 18-day winning streak, adding tens of billions of dollars in value to companies like Broadcom (AVGO), Taiwan Semiconductor (TSM), Micron (MU), AMD (AMD), Intel (INTC), and Texas Instruments (TXN).
