Nvidia Closes 7-Day Rally at Record $235.75, Surpasses Silver at $5.7T Cap
Nvidia shares closed at a record $235.75 on May 14, up 4.4% and capping a seven-day winning streak that elevated market cap to ~$5.7T, eclipsing silver as the world's second-largest asset behind gold. The rally ignited May 11 from $219.44 ($5.36T cap), hit $223.75 ATH May 12 on Vera Rubin plans, reached $227.16 ATH and $5.5T May 13 with CEO Jensen Huang's Trump Beijing delegation, then surged May 14 on U.S. approvals for ~10 Chinese firms including Alibaba and JD.com to buy H200 chips via Lenovo/Foxconn, plus upgrades to $320 (BofA), $275 (UBS), $350 (Cantor). Eyes now on May 20 earnings projecting $79-81B revenue (+78% YoY) and $50B China potential.