According to CoinMeta, Nvidia's stock reached $237.88 during morning trading on Friday, with its market value rising to approximately $5.7 trillion, setting a new historical high. This is the first time such a record has been set since May. Nvidia is now the company with the largest market value in the world, a significant increase from $1.18 trillion in August 2023. Nvidia also plans to deploy about 1 million GPU in Amazon's cloud business by 2027. In its quarterly report as of July 26, the company reported revenue of $96.2 billion, a year-on-year increase of 106%. Nvidia also announced that it will increase its share repurchase authorization by $150 billion to $235 billion, making it the largest share repurchase program in history.