Nvidia Is Now Worth More Than 112 Nikes as AI Valuation Hits $5.65T

The AI chipmaker closed Friday with a market capitalization of about $5. 65 trillion, while Nike’s value fell to roughly $50. 25 billion after another weak session.

That leaves a valuation gap of approximately $5. 6 trillion between two of America’s most recognizable public companies. The comparison is extreme, but it captures a much broader shift in the U.

S. stock market: capital continues flowing toward AI infrastructure while traditional consumer brands struggle with slower growth, weaker international demand and higher operating pressure. Nvidia Is Growing at a Completely Different Speed The valuation difference is not just hype.

Nvidia generated $96. 2 billion of revenue in its latest quarter, more than double the year-earlier level, while Data Center revenue surged 117% to $89 billion. Net income reached $59.

7 billion in a single quarter. Nvidia is already guiding for roughly $108 billion of revenue next quarter. Nike, by contrast, reported $11.

2 billion of quarterly revenue, down 4% year over year, while management acknowledged continued weakness in Greater China, Nike Sportswear and Jordan Brand. That divergence helps explain why AI stocks now dominate the S&P 500, with Nvidia alone recently accounting for more than 8% of the index. Nike Is Moving in the Opposite Direction Nike shares have fallen to around $33.

87, leaving the stock near a 12-year low and down more than 50% over the past year. Coinpaper has already tracked how the decline pushed Nike out of the S&P 100 and made it one of the weakest blue-chip stocks of 2026. The contrast is especially striking because Nike was worth roughly $264 billion at the end of 2021.

Nvidia, meanwhile, was valued at about $736 billion at that point. Today, Nvidia alone is worth more than 20 times Nike’s 2021 peak valuation.