Nvidia's market cap climbs to $5.2 trillion on investor sentiment rebound; CEO projects at least $1 trillion in Blackwell and Vera Rubin chip sales by end of 2027.

Nvidia's market cap reached $5.2 trillion when markets closed on Monday, following a rebound in investor sentiment after the stock had declined as much as 20% amid concerns about an AI bubble, slowing adoption, and increasing competition.

The company controls as much as 92% of the data center GPU market according to IoT Analytics. Data center spending is expected to continue for at least the next five years, with total capital outlays of $7 trillion by 2030 according to McKinsey & Company, with about 39% of that spending dedicated to GPUs according to Business Insider.

For fiscal 2026 fourth quarter (ended January 25), Nvidia delivered revenue of $68.1 billion, up 73% year over year and 20% sequentially, with adjusted earnings per share of $1.62 (up 82%). Management's outlook for fiscal 2027 first quarter (ended April 27) calls for revenue of $78 billion, representing about 77% growth.

CEO Jensen Huang stated in March that Nvidia will generate 'at least' $1 trillion from the sale of Blackwell and Vera Rubin chips by the end of 2027, noting the company 'will be short' of that estimate due to expected demand.