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Nvidia and Apple race toward $6 trillion market caps amid AI excitement and upcoming catalysts.

Market News
19 May 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Nvidia's stock surged in May, pushing it closer to a $6 trillion valuation, driven by AI enthusiasm and anticipation of strong earnings. However, a correction could be near after a 35% rise since March, making the path to $6 trillion uncertain. Meanwhile, Apple, currently the third-largest company, is also gaining momentum with AI innovations and a potential iPhone supercycle, aiming to challenge Nvidia's lead. Apple's WWDC 2026 event is expected to reveal new AI features like Siri 2.0, which could boost investor confidence and accelerate its market cap growth. Both companies, along with Alphabet, are key contenders in the race to reach $6 trillion market value.

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