Nvidia shares reached a record high of $243.37 on Tuesday, pushing the company's market capitalization above $5.8 trillion. To reach a $6 trillion valuation, the stock price would need to hit approximately $249 per share. The company's stock has risen about 28% in 2026, adding $1.2 trillion to its market value.
The company reported fiscal second-quarter revenue of $96.2 billion, a 106% increase year-over-year, with data center revenue reaching $89 billion. Nvidia forecasts third-quarter revenue of $108 billion. In September, the board authorized an additional $150 billion for share repurchases, bringing the total remaining authorization to $235 billion through fiscal 2028.
Nvidia's investments in AI companies reached $99 billion as of July 26, with over $40 billion committed in 2026. The company also agreed to acquire Hugging Face for approximately $12.9 billion, a deal expected to close in the first half of 2027.
Tokenized versions of Nvidia stock are expanding across blockchain platforms. Issuers including xStocks, Ondo Finance, and Coinbase offer tokenized equity backed by underlying shares or cash on networks like Ethereum, Solana, BNB Chain, and Base. Robinhood Europe also provides a derivative contract tracking the stock.
