New Delhi, May 26 -- Shares of chipmaking giant and 'Magnificent Seven' favourite Nvidia have been making headlines lately with their record-breaking rally on Wall Street, cementing the company's position as the world's most valuable firm.

The rally has not only propelled the company to unprecedented heights but has also made its market capitalisation larger than the combined value of several major global stock markets. The growing global appetite for the AI trade has kept demand for chipmakers strong, pushing Nvidia's market capitalisation above $5.7 trillion at its peak.

Last week, the stock climbed to a fresh record high of $236, taking its valuation to $5.7 trillion. Although the share price has cooled from those highs, the market c...