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Oct 29, 2025 12:00 PM

Magnificent 7 Market Cap Tops $22 Trillion – And Nvidia Just Got Bigger Than Japan

The total market value of the Magnificent Seven tech giants soared past $22.2 trillion on Wednesday, powered by a surge in Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark for the first time ever—now eclipsing the entire economy of Japan.

Shares of the AI chip leader jumped 4.4% in early trading, building on Tuesday's 5% rally, after CEO Jensen Huang revealed the company has booked $500 billion in AI datacenter orders for 2026, and announced plans to build seven AI supercomputers for the U.S. Department of Energy.

Nvidia has now gained more than 55% year-to-date, outperforming all other names in the Magnificent Seven group and continuing a streak that saw it rise 239% in 2023 and 171% in 2024.

At $5 trillion, Nvidia is now bigger than Japan's GDP, which sits at $4.4 trillion—the world’s ...