Nvidia rose more than 4% on April 24, lifting its market capitalization above $5 trillion amid sustained AI demand, tight high-end chip supply, and signs of a maturing domestic computing ecosystem.
Nvidia shares rose more than 4% on April 24, pushing the company’s market capitalization back above $5 trillion for the first time in nearly six months. This updates earlier reporting that cited a 3.7% gain to $207 per share, leaving a minor discrepancy over the exact size of the daily increase while confirming the company regained the $5 trillion threshold. The new report attributes the move to sustained global AI demand, tight capacity for high-end AI chips, and rising GPU rental, cloud, and hardware costs. It also says DeepSeek-V4’s release on Huawei Ascend points to a maturing domestic computing ecosystem.