Nvidia Hits Record High Again, Market Cap Surpasses $5.1 Trillion

Nvidia closed at a fresh record high of $208.24, up 4.3%, driving its market capitalization above $5.1 trillion for the first time since October. After a Q1 pullback triggered by AI demand concerns and geopolitical tensions, investor confidence has rebounded amid easing risks and robust industry earnings. Revenue and shares have surged over 200% in three years, with the stock now at 24x forward earnings—its cheapest in about a year—hinting at historical patterns of further gains ahead.