By Antonio Pequeño IV
Publication Date: 2026-05-13 16:56:00
Topline
Nvidia’s value reached the $5.5 trillion mark for the first time Wednesday, again breaking the record for the highest ever market capitalization in the history of publicly traded companies, as its stock rallied following news that centibillionaire CEO Jensen Huang is joining President Donald Trump’s trip to China.
Huang’s net worth jumped $5 billion on Wednesday.
Photo by PATRICK T. FALLON/AFP via Getty Images
Key Facts
Nvidia’s market cap reached just over $5.5 trillion as shares surged 3% as of early afternoon.
The rise in shares was accompanied by news that Huang was traveling with Trump to China, where the president will meet with Chinese President Xi Jinping, following earlier reports that said he was not invited.
Nvidia’s rise in shares further cemented its role as the most valuable company in the world, placing itself well above its closest competitors in Google ($4.7 trillion) and Apple ($4.3 trillion).
Nvidia shares are up nearly 20% in the last month and have reached the $220 mark, a far cry from March 30, when the stock reached its lowest point of the year at $165.17 per share.
This is a developing story. Check back for updates.