Economy / Markets
Nvidia closes at a record high as market value nears $6 trillion
Nvidia shares closed at an all-time high on Friday for the first time since May, lifting the chipmaker's market value to about $5.7 trillion and leaving it less than $300 billion short of the $6 trillion threshold no company has ever crossed. The stock has recovered roughly 25% from late-July lows after a two-month slide erased more than $1 trillion in value. The rally followed a $150-billion increase to Nvidia's share buyback programme and renewed optimism about AI infrastructure demand.