NVIDIA Market Cap Surpasses $5 Trillion Again

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NVIDIA's market cap reached $5 trillion on April 24, 2026, according to the latest daily market report. This is the first time it has hit this level in nearly six months. Stanford University reported a 53% adoption rate for generative AI. DeepSeek released DeepSeek-V4, which supports a one-million-word context and leads China’s open-source AI sector. The model is compatible with Huawei’s Ascend platform, potentially enhancing domestic computing power and challenging NVIDIA. The Fear and Greed Index indicates strong investor sentiment in the AI-driven market.

Odaily Planet Daily report: At the close of U.S. markets on April 24, NVIDIA's stock rose over 4%, pushing its market capitalization above $5 trillion. This marks the first time in nearly six months—since late October last year—that NVIDIA's market cap has surpassed $5 trillion.

Last week, Stanford University released a report highlighting the rapid adoption of AI, stating that AI is spreading at an unprecedented pace, with generative AI adoption reaching 53%—faster than that of personal computers and the internet. However, DeepSeek has launched its new model, DeepSeek-V4, which features a super-long context of one million tokens and leads domestically and in the open-source community in agent capabilities, world knowledge, and reasoning performance. The model was developed in collaboration with Huawei's Ascend. By partnering with domestic computing power providers and achieving optimization, such advanced models are expected to promote the adoption of domestic computing infrastructure, thereby objectively challenging NVIDIA. (Yicai)

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