NVIDIA Market Cap Tops $5.26T after 96% Rally, NVentures Backs Legora with $50M
NVIDIA’s share price has climbed 96.1% over the past year, pushing its market capitalization above $5.26 trillion as moving-average crossovers attract retail attention. Separately, NVIDIA’s corporate venture arm NVentures co-led a $50 million Series D extension in legal AI startup Legora, which now boasts a post-money valuation of $5.6 billion.
1. Sharp Share Rally and Market Cap Milestone
NVIDIA’s shares have surged 96.1% in the past year, driven by accelerating demand for AI GPUs and algorithmic trading strategies reacting to moving-average crossovers. The stock’s breach of key 50-day and 200-day averages coincided with its market capitalization climbing past $5.26 trillion, a record high that underscores bullish investor sentiment and technical momentum.
2. NVentures Joins Legora Series D Round
NVIDIA’s corporate venture capital arm NVentures led a $50 million extension in Swedish legal tech firm Legora’s Series D, raising the round’s total equity to $600 million and setting a post-money valuation of $5.6 billion. The investment positions NVIDIA within the legal AI software sector, signaling a strategic push into enterprise AI applications beyond its core hardware business.