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Nvidia hits $5 trillion again with strategic Corning AI fiber deal as big tech rivals close in
May 6, 2026
< 1 min read
by Hania Humayun
for CryptoPolitan
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AI Overview
Nvidia shares jumped 5.39% to close at $207.09, bringing the company's market value back near $5 trillion for the first time since the Iran-linked market sell-off earlier this year. The rally strengthens the GPU market backdrop relevant to crypto: it supports GPU-driven mining economics, AI and blockchain infrastructure adoption, and may boost demand for hardware used by DeFi and token projects.
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Shares of Nvidia jumped around 5.39% to close at $207.09, bringing the chip company’s total worth back near the $5 trillion mark for the first time since geopolitical tensions sent markets tumbling earlier this year. The graphics processor manufacturer last touched this valuation level before stock prices fell during market turbulence tied to the Iran...
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