Nvidia hits its first record since May, within $300B of $6T

Nvidia hit a record for the first time since May, leaving it under $300B short of becoming the first company worth $6T, on a rally driven by AI agent demand and a record $150B buyback increase. ASML, Europe’s most valuable listed company, needs the same $300B to reach its first trillion.

Nvidia hit a record for the first time since May, and the company is now worth about $5.7T. That leaves it under $300B short of becoming the first company in history worth $6T. Europe’s most valuable company needs the same $300B to reach its first trillion.

Shares rose 2.9% on Friday, as Bloomberg reported. That extends a rally of almost 25% from a late July low. The two-month selloff before it had wiped more than $1T off the company.

The stock is up about 27% this year, a fourth straight year of double-digit returns. Morgan Stanley’s Joseph Moore...

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