NVIDIA Regains $5 Trillion Market Cap

Odaily Planet Daily reported that NVIDIA shares climbed more than 4% at the April 24 U.S. market close, lifting the company's market capitalization back above $5 trillion. It was the first time in nearly six months—since late October last year—that NVIDIA has cleared the $5 trillion threshold. The move comes as AI adoption continues to accelerate. A Stanford University report released last week said AI is spreading at an unprecedented pace, with generative AI adoption reaching 53%—faster than the adoption curves seen for personal computers and the internet. At the same time, DeepSeek has introduced its new DeepSeekV4 model, featuring a one million-token context window. The company said the model leads domestically and within the open-source community in agent capabilities, world knowledge, and reasoning performance. DeepSeekV4 was developed in collaboration with Huawei's Ascend platform. By working with domestic compute providers and optimizing performance, such models are expected to support broader adoption of domestic computing infrastructure, creating a competitive challenge to NVIDIA, according to Yicai.