Nvidia Is About 4% From Becoming the First $6 Trillion Company. History Says the Milestone Itself Tells You Little.

Nvidia Is About 4% From Becoming the First  Trillion Company. History Says the Milestone Itself Tells You Little.

By Daniel Sparks, The Motley Fool
Publication Date: 2026-10-07 03:41:00

Shares of Nvidia (NASDAQ:NVDA) ended Monday, Oct. 5, at $238.90, a fresh record close. At that price, the artificial intelligence (AI) chip giant is worth around $5.8 trillion — about 4% shy of $6 trillion, a level no company has ever hit.

Milestones like this usually make headlines. But I don’t think they say much about what a stock does next.

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Five times, a company has become the first in the U.S. to reach a new trillion-dollar level: Apple (NASDAQ:AAPL) at $1 trillion, $2 trillion and $3 trillion, and Nvidia at $4 trillion and $5 trillion. In the following 12 months (11 so far, for the last one), the stock’s return ranged from a 31% loss to a 27% gain. And it beat the S&P 500 (SNPINDEX:^GSPC) just twice.

What mattered more, every time, was what happened to earnings — and to the price investors would pay for them.

Image source: Nvidia.

Apple’s milestones went three different ways

For each one, I measured from the close on the day the stock first reached the milestone during trading, out to a year later.

Apple first crossed $1 trillion on Aug. 2, 2018. In the next 12 months, its shares fell around 2% but the…