Nvidia closes at a record $238.90, pushing its market value to $5.78T and within 4% of $6 trillion

Nvidia shares rose 2.1% to a record close of $238.90 on Monday, valuing the company at about $5.78 trillion; roughly $248 a share would make it the first $6 trillion company. The move followed Foxconn's report of NT$3.03 trillion in third-quarter revenue, up 47% year over year on AI-server demand, Nvidia's $150B buyback authorization and Morgan Stanley naming it its top semiconductor pick with a $300 target. Nvidia guided to $105.8-110.1B of revenue for its current quarter. For builders, the signal is that hyperscaler GPU orders are still accelerating, which keeps pressure on capacity and pricing into 2027.

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Nvidia