Nvidia Hits $4.663 Trillion Market Cap, Trades at 29x After 85% Growth
NVDA•Nvidia’s market capitalization reached $4.663 trillion after Friday’s close, supported by surging AI demand. The shares trade at 29x earnings and delivered 85% year-over-year revenue growth last quarter, making it the least risky pick among beaten-down AI chip stocks.
1. Market Cap Milestone
Nvidia’s market value climbed to $4.663 trillion following the latest trading session, underscoring continued investor enthusiasm for its AI-focused product pipeline and data center offerings.
2. Valuation and Growth Metrics
The stock currently trades at approximately 29 times forward earnings, while revenue surged 85% year-over-year last quarter, outpacing most rival chipmakers in the sector.
3. Tech Sector Rotation
A recent shift out of mega-cap technology names into broader market segments has put downward pressure on Nvidia shares, but its strong fundamentals keep it as a preferred choice among investors seeking AI exposure.
