NVIDIA's stock price has once again reached an all-time high, propelling its market value above $4 trillion and setting a new global record. The company's highest stock price of $164.88 per share has led to this remarkable milestone, surpassing the previous record held by Apple, which closed at a market value of $3.915 trillion.
This year, NVIDIA's stock has risen by approximately 22%, adding around $700 billion to its valuation. The company saw a staggering increase of over 170% in its stock price in 2024, following a 240% surge in 2023.
In its latest Q1 2026 financial report released in May, NVIDIA reported a revenue of $44.06 billion, a year-over-year increase of 69%, which exceeded Wall Street analysts' expectations. The breakdown of its revenue is as follows:
Data Center Business: Generated $39.1 billion in revenue, up 73% year-over-year, accounting for 89% of total revenue. The Blackwell architecture contributed 70% of the income, with hyperscale customers like Microsoft accelerating deployments and new AI infrastructure clusters being built in the Middle East market.
Gaming Business: Achieved a record-high revenue of $3.8 billion, up 42% year-over-year. The RTX 50 series GPUs have seen increased market share, with 125 games now supporting DLSS 4 technology.
Automotive Business: Generated $567 million in revenue, up 72% year-over-year. NVIDIA's autonomous driving chips have been adopted by automakers like Toyota, and the release of its robotics foundation model is expanding its ecosystem.
NVIDIA plans to build "AI factories" in the United States and globally to enable billions of people worldwide to seamlessly use AI tools like ChatGPT. In late May, the company announced it would supply high-performance chips to the "Stargate UAE" project. This is the first international deployment of the joint "Stargate" project between NVIDIA, OpenAI, and Oracle, aiming to build a 1-gigawatt computing cluster in an AI park in Abu Dhabi.
Earlier this year, the Chinese dark horse company DeepSeek launched a popular AI model, which temporarily caused panic selling in the market and led to a brief drop in NVIDIA's stock price. However, since late April, NVIDIA's stock has continued to rise, partly due to easing concerns over U.S. restriction policies. Although CEO Jensen Huang recently mentioned during an earnings call that export controls on NVIDIA's H20 chips by the Trump administration have hindered its position in the $50 billion Chinese AI chip market, the company's overall outlook remains strong.
According to a new report from Citigroup, a major Wall Street investment bank, NVIDIA's data center sales for the fiscal years 2027 and 2028 have been raised by 5% and 11%, respectively. The report cited robust autonomous AI demand as a key driver for NVIDIA's expansion opportunities.