Nvidia Leads the Race for $5 Trillion Valuation
Nvidia (NASDAQ: NVDA) currently stands as the closest company to achieving a $5 trillion market cap, valued at approximately $4.3 trillion as of now. Despite previously exceeding the $5 trillion mark, Nvidia’s valuation has pulled back. Other contenders include Apple at $4 trillion, Alphabet (NASDAQ: GOOG, GOOGL) at $3.7 trillion, and Microsoft at $3.5 trillion. Amazon ranks fifth at $2.6 trillion and would need to more than double in value to reach the threshold.
Nvidia is projected to see a massive growth rate, anticipating a 63% increase in revenue for fiscal year 2026, followed by an estimated 48% growth for fiscal year 2027. In the context of increased demand for artificial intelligence technology, CEO Jensen Huang mentioned that Nvidia is currently “sold out” of cloud GPUs. Meanwhile, Alphabet, which has seen an 80% rise in stock prices since July, must increase by at least 35% to approach the $5 trillion mark, benefitting from strong earnings growth and potential improvements in its valuation ratios.
