Nvidia Hits Record High for First Time Since May, Market Cap Nears $6 Trillion
10/03/2026 — 10/03, 01:38·1 sources·1 reports
Story overview
Nvidia shares rose 2.9% on Friday, hitting a record high for the first time since May and moving the company toward a $6 trillion market capitalization, according to a cnBeta report dated October 3. The report describes Nvidia as the world's most valuable listed company.
The gain followed two months of selling that wiped more than $1 trillion off the company's market value. According to the report, concerns about the outlook for artificial intelligence had weighed on the stock during that stretch. Based on the figures cited, the shares have now rebounded nearly 25% from their late-July low, with investors returning to the stock.
The latest point in the report is Friday's 2.9% advance, which put the share price at its highest level since May and left the market capitalization approaching $6 trillion. No further details on what happens next were provided in the source material.
AI-generated from 1 reports · updated 2 hours ago
Latest turnNvidia shares rose 2.9% on Friday, setting a record high for the first time since May and moving the company toward a $6 trillion market cap. The stock has rebounded nearly 25% from its late-July low, after a two-month selloff wiped more than $1 trillion off its value.
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Nvidia shares rose 2.9% on Friday, setting a record high for the first time since May and moving the company toward a $6 trillion market cap. The stock has rebounded nearly 25% from its late-July low, after a two-month selloff wiped more than $1 trillion off its value.
cnBetaAI score 72
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