NVIDIA’s overwhelming 96.9% implied probability for the largest company by market capitalization at the end of May stems from its sustained leadership in artificial intelligence semiconductors. Strong demand for its latest graphics processing units continues to drive record revenue and margin expansion, reinforcing investor expectations that its valuation edge will hold through the final weeks of the month. While Alphabet and Apple trail far behind, any realistic shift would require an unprecedented surge in their AI-related announcements or a broad sector rotation away from chipmakers. Traders are closely watching upcoming earnings updates and AI model releases that could either lock in or briefly test this consensus.