Market2026-10-06

Nvidia Corp. is nearing a $6 trillion market capitalization. Its stock returned to a record high. Investors rotated back into the AI chipmaker. The company gave a robust revenue outlook. It announced the largest share buyback in history. The buyback exploits a valuation near multi-year lows. Strong growth and a low multiple are driving the rally. Investors are also weighing high interest rates. They are also weighing tepid economic data.

What changed

Nvidia's stock had a disappointing start to the year.

  • $6 trillion market capitalization
  • $150 billion share buyback

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