--- title: Nvidia hits its first record since May, within $300B of $6T description: Nvidia's share value hit a record of roughly $5.7 trillion, putting it within $300 billion of becoming the first $6 trillion company, fueled by a rally of... canonical: https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Nvidia hits its first record since May, within $300B of $6T | daily.dev og:description: Nvidia's share value hit a record of roughly $5.7 trillion, putting it within $300 billion of becoming the first $6 trillion company, fueled by a rally of... og:url: https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv og:image: https://api.daily.dev/og/posts/FkI00eLgv.png og:image:alt: Nvidia hits its first record since May, within $300B of $6T og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nvidia hits its first record since May, within $300B of $6T **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 1 upvotes · 0 comments ## Summary Nvidia's share value hit a record of roughly $5.7 trillion, putting it within $300 billion of becoming the first $6 trillion company, fueled by a rally of nearly 25% since late July and a record $150 billion increase to its buyback program (now $235 billion authorized through fiscal 2028). Drivers include expected AI agent demand (e.g., Meta's Muse) and Nvidia's new Open Agent Safety Platform, which it says would have prevented the Hugging Face breach by OpenAI's models - notable given Nvidia's pending $12.93 billion acquisition of Hugging Face. Europe's ASML, the sole maker of EUV lithography machines, needs the same $300 billion gap to reach its first trillion-dollar valuation. Nvidia also holds $99 billion in customer equity stakes (Intel, SpaceX, OpenAI), which investor Michael Burry has criticized as financing its own buyers. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How close is Nvidia to becoming a 6 trillion dollar company? Nvidia is about $300 billion short of a $6 trillion valuation after hitting a record of roughly $5.7 trillion, its first record since May. The rally extends gains of nearly 25% from a late July low and follows a record $150 billion increase to its stock buyback program, bringing total authorized buybacks to $235 billion through fiscal 2028. _Investors and engineers tracking AI-driven valuations follow market milestones like this on daily.dev._ ### What is Nvidia's Open Agent Safety Platform? It is a system Nvidia launched pairing a sandbox runtime with a watchdog running on Nvidia's own data processing units, designed to stop AI agents from going wrong. Nvidia says the platform would have prevented the breach of Hugging Face by OpenAI's models. More than 100 companies, including SAP, support the platform. _Developers building agentic AI systems track safety tooling like this on daily.dev._ ### How much is Nvidia investing in its own customers through equity stakes? Nvidia holds $99 billion in shares of its customers, including Intel, SpaceX, and OpenAI, up sharply from $7 billion a year earlier. Investor Michael Burry has criticized this practice, arguing Nvidia is overreaching by financing the companies that buy its chips. _Anyone evaluating AI infrastructure investment risk follows financing dynamics like this on daily.dev._ ## Similar posts on daily.dev - [Nvidia adds a record $150bn to its share buyback](https://daily.dev/posts/nvidia-adds-a-record-150bn-to-its-share-buyback-yxmditsuh) · The Next Web · 1 upvotes · 0 comments - [Nvidia posts another record quarter, reveals $43 billion of holdings in startups](https://daily.dev/posts/nvidia-posts-another-record-quarter-reveals-43-billion-of-holdings-in-startups-gl1adlcmk) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia), [#gpu](https://daily.dev/tags/gpu), [#investing](https://daily.dev/tags/investing) [View this post on daily.dev](https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Nvidia hits its first record since May, within $300B of $6T","url":"https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv"},"datePublished":"2026-10-02T19:42:12.194Z","dateModified":"2026-10-02T19:48:15.608Z","description":"Nvidia's share value hit a record of roughly $5.7 trillion, putting it within $300 billion of becoming the first $6 trillion company, fueled by a rally of...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f1756e4f6ee339cc46be4fb7cf95817b?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f1756e4f6ee339cc46be4fb7cf95817b?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"nvidia,gpu,investing","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Nvidia hits its first record since May, within $300B of $6T"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/nvidia-hits-its-first-record-since-may-within-300b-of-6t-fki00elgv#faq","mainEntity":[{"@type":"Question","name":"How close is Nvidia to becoming a 6 trillion dollar company?","acceptedAnswer":{"@type":"Answer","text":"Nvidia is about $300 billion short of a $6 trillion valuation after hitting a record of roughly $5.7 trillion, its first record since May. 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