Nvidia on Wednesday became the first company to surpass the $5 trillion market cap milestone, meaning it looms even larger over other stocks and markets.
The stock jumped as much as 5.5% in the session, propelling the chipmaker above that closely watched level. The chipmaker has become a favorite of both Main Street and Wall Street after years of monster gains tied to its leadership within artificial intelligence.
Nvidia's market cap dwarfs that of other well-known companies, as well as entire sectors and even full international markets. By comparison, the S&P 500's average member has a market cap of about $124.8 billion as of Wednesday.
Looking at individual stocks, a $5 trillion market cap is roughly equivalent to that of:
2 Amazons
6 JPMorgan Chases
10 Exxon Mobils
23 McDonald's
25 Disneys
50 Nikes
96 Ford Motors
945 Macy's
3,311 JetBlues
Nvidia alone is now also around:
3 times the size of the entire S&P 500 energy sector
... and more than double the size of the Germany DAX and France CAC indexes
— CNBC's Nick Wells and Fred Imbert contributed to this report.
