Nvidia’s Market Cap Tops $5.7T, Exceeds Germany’s $5.45T GDP
Nvidia's market capitalization reached $5.7 trillion in mid-May 2026, surpassing Germany's projected 2026 GDP of $5.45 trillion and making it larger than Europe's biggest economy. US tech giants' combined market cap of $20.81 trillion now exceeds the GDP of Europe's five largest economies at $18.14 trillion.
1. Market-Cap Milestone
Nvidia reached a $5.7 trillion market valuation in mid-May 2026, overtaking Germany's projected 2026 GDP of $5.45 trillion and surpassing both Japan and the UK to become larger than any single European economy.
2. Tech Giants vs European Economies
The combined market capitalization of the top five US tech firms, led by Nvidia at $20.81 trillion, now outstrips the total GDP of Europe's five largest economies, which stands at $18.14 trillion. No European company matches this scale, with ASML the nearest at $610.7 billion.
3. AI Demand and Future Outlook
CEO Jensen Huang forecasts that surging AI chip demand could drive Nvidia's sales toward $1 trillion within two years, underpinning investor confidence in the company's unprecedented valuation.