Nvidia Market Cap Near $6 Trillion

Nvidia market cap approached the $6 trillion threshold on Oct. 6, 2026, as reports of an expanded share-repurchase program and sustained AI-infrastructure demand pushed the stock to new highs and led options traders to price elevated near-term odds.

Market Valuation Approaches Historic Levels

Nvidia Corp. (NVDA) reached market values estimated between roughly $5.7 trillion and $5.84 trillion on Oct. 6, reflecting differences in timestamps, price references, and share-count assumptions. Reported record share prices included $238.70, $238.90, and an intraday high of $240.10.

Buyback Expansion and Options Market Signals

The company authorized an additional $150 billion under its existing share-repurchase program, announced Sept. 28, reflecting management’s confidence in the long-term opportunity and renewed investor demand. Calculations using 24.1 billion shares outstanding as of Aug. 21, 2026, imply a per-share price near $249 to reach the $6 trillion milestone, assuming the share count remains unchanged.

Options-market analysis estimated roughly a 50% chance of reaching the milestone by Oct. 30, about 13% during the coming week, and approximately 67% by Dec. 18, 2026. These probabilities derive from option deltas and market-maker pricing and represent options-implied estimates rather than fundamental forecasts.

Fiscal third-quarter revenue guidance was reported at $108 billion, plus or minus 2%, excluding Data Center compute revenue from China. A 47% year-over-year revenue increase in the third quarter at a major assembler was cited as an indirect supply-chain signal of AI-server demand.

An analyst reinstated Nvidia as a top chip pick on Oct. 2, assigning a $300 price target. Together, the expanded buyback, elevated guidance, and concentrated options positioning have focused near-term upside exposure among traders, linking further valuation gains to ongoing AI-infrastructure spending and active repurchases.