By Sweta Killa
Publication Date: 2026-05-14 05:28:00
Nvidia Corp (NASDAQ:NVDA) has become the world’s second-largest asset by market value after its market cap soared to above $5.5 trillion ahead of next week’s highly awaited earnings report.
Nvidia Outstrips Silver
According to an X post by The Kobeissi Letter on Wednesday, the AI chipmaker surpassed silver as “the second largest asset in the world, worth $5.52 trillion.” NVDA shares soared about 67% over the past year and closed at $225.83 on Wednesday.
It’s official:
Nvidia, $NVDA, has surpassed silver as the second largest asset in the world, worth $5.52 trillion.
Google is less than 4% away from becoming the second company in history to hit $5 trillion in market cap.
We are witnessing a historic technological revolution. pic.twitter.com/6mAP2QGHRX
— The Kobeissi Letter (@KobeissiLetter) May 13, 2026
Silver is worth $5 trillion in market capitalization. The precious metal is hovering near $87 per ounce and has gained about 168% over the past year. The rally is being driven less by Federal Reserve rate-cut speculation and more by surging industrial demand.
Industrial applications now account for roughly 60% of global silver consumption, with solar photovoltaic panels alone projected to consume between 120 million and 125 million ounces of silver in 2026.
Gold Retains Top Asset Title
Gold is maintaining its top asset position with a market capitalization of $32.67 trillion. The yellow metal surged about 47% over the past year and is trading…