Nvidia Chases $6 Trillion Valuation on AI Chip Rally

Nvidia Corp. is making history as it approaches a $6 trillion market valuation, becoming the first company ever to reach such a milestone. The surge comes as investors renew their focus on the artificial-intelligence chipmaker, driving its stock to a new record high. This rally follows Nvidia’s strong revenue forecast and the announcement of the largest share buyback in history, a move that capitalizes on its relatively low valuation.

The combination of robust growth and an attractive stock price has attracted investors, particularly as they navigate high interest rates and weak economic data. Nvidia’s dual strengths, high revenue projections and a valuation near multi-year lows, have set it apart in a challenging market environment.