Nvidia hits record $5.7T market cap, adds record $150B buyback on AI agent optimism
kimmonismus · x · 2026-10-02
Nvidia shares rose 2.9% on Friday, hitting their first record high since May and pushing market value to roughly $5.7 trillion, per Bloomberg — a nearly 25% rebound from the late-July low. Bloomberg ties the recovery to optimism that AI agents could drive greater chip demand. Nvidia also announced a record $150 billion increase in its share-buyback authorization on Monday. The poster predicts Nvidia will be the world's first $10 trillion company, possibly as early as 2027.
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