Nvidia Reaches Historic $4 Trillion Market Valuation, Driven by AI Boom

AI mania pushes Nvidia to record $4 trillion valuation

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch. The milestone marks the highest market cap ever recorded for a publicly traded company, surpassing Apple's previous record of $3.8 trillion set in December. Nvidia first crossed $2 trillion in February 2024 and reached $3 trillion just four months later in June. The $4 trillion valuation represents a market capitalization larger than the GDP of most countries. As we explained in 2023, Nvidia's continued success has been intimately tied to growth in demand for hardware that runs AI models as capably and efficiently as possible. The company's data center GPUs excel at performing billions of matrix multiplications necessary to train and run neural networks due to their parallel architecture -- hardware architectures that originated as video game graphics accelerators now power the generative AI boom. Companies like OpenAI, Microsoft, and others need tens of thousands of these specialized chips to power services like ChatGPT, AI image generators, and enterprise AI applications. Meanwhile, Nvidia's CUDA platform (which makes developing AI applications that use GPUs easier) has become a de facto standard, creating a moat around its hardware ecosystem. China restrictions and market resilience It has been a roller-coaster year for Nvidia stock after multiple shocks. In January, a brief investor panic over the emergence of China's DeepSeek model had some analysts suggesting it might reduce future AI chip requirements. In April, Trump's "Liberation Day" tariff announcement caused Nvidia's shares to dive even more dramatically, but the company's valuation has gained more than 15 percent over the past month despite these episodes. Beyond market volatility, Nvidia faces ongoing geopolitical challenges that threaten its access to one of its largest markets. Export controls on Nvidia's chips designed to keep advanced AI tech out of Chinese hands (that date back to 2022, during the early Biden era) have created a thorny obstacle for the company that it has tried to work around over time with new chip designs, including a special lower-speed chip called the H20. In April, the Trump administration imposed export restrictions on the H20, which require Nvidia to apply for licenses each time it wants to sell the chip to customers in China, costing the company $5.5 billion in charges and effectively shutting Nvidia out of what CEO Jensen Huang has described as a "$50 billion China market." Simultaneously, Trump has also signaled that he may be willing to ease some restrictions after Nvidia promised the Trump administration new US investments in AI data centers. But the administration's approach remains unpredictable -- Trump has continued to voice his desire for the US to remain an AI leader while trying to keep top tech out of the hands of China, creating a challenging environment for Nvidia to navigate. Meanwhile, Nvidia's continued success depends on the continued growth of the AI industry, which some critics consider unsustainable at current levels. Some analysts point to the massive capital expenditures by tech giants on AI infrastructure -- with companies like Microsoft, Google, and Meta each spending tens of billions annually on data centers -- and question whether the returns will justify the investment. For now, Nvidia sits atop the tech world as the most valuable company, but whether that position proves sustainable will depend on factors ranging from geopolitical tensions to the question of whether AI applications can actually deliver on the tech industry's promises.

Nvidia briefly crosses $4 trillion market cap -- GPU maker and AI bulwark was the first to reach the milestone

Nvidia on Wednesday became the world's first company to reach a market capitalization of $4 trillion, making it the world's most valuable company ever. The company's stock price is driven by the AI frenzy as well as its unique position in the AI ecosystem as the key supplier of hardware and software stack for training and inference. By reaching the $4 trillion market capitalization, Nvidia not only left behind such tech giants as Apple, Amazon, Alphabet (Google), Meta (Facebook), and Microsoft, but also the vast majority of semiconductor companies. Only Broadcom ($1.298 trillion) and TSMC ($1.2 trillion) are in the Top 10 of the world's most valuable companies and are among the three semiconductor firms to reach a trillion-dollar capitalization mark. Other semiconductor companies, such as ASML ($313.22 billion), AMD ($226.76 billion), Texas Instruments ($197.61 billion), Arm Holdings ($161.3 billion), and Qualcomm ($175.67 billion) are far from touching a $1 trillion market capitalization. Intel, once an investors' darling, is now valued at $101.26 billion. Such a huge difference between the market capitalization of Nvidia and its industry peers underscores the unique position that Nvidia holds in today's high-tech ecosystem. The company supplies AI GPUs to virtually all of the AI leaders, including Microsoft, Amazon, Alphabet, Meta, OpenAI, and xAI, just to name a few. So far, only Microsoft Azure has warned that it would slow down the expansion of its data centers. Other companies are well on track to expand their AI clusters to hundreds of thousands or even millions of Nvidia GPUs in the coming years, so the sky is blue for Nvidia. Observers believe that investors' optimism about Nvidia stems from three factors. Firstly, they expect the AI sector to continue growing in the coming years, which will ensure growing sales of AI hardware. Secondly, Nvidia is expected to sustain its leading position on the market as so far, no company has unveiled hardware that can match the performance and scalability of Nvidia's GPUs for AI training and inference. Thirdly, investors now expect the U.S. to reach trade deals with the most important partners, which will ensure the company's ability to supply its products to growing markets, including the Middle East and Europe, which will offset the company's current inability to supply high-performance AI GPUs to China.

VIEW Nvidia becomes first company to hit $4 trillion in market value

July 9 (Reuters) - Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164 earlier in the morning trading, as the company is benefiting from the ongoing surge in demand for artificial intelligence technologies. COMMENTS: CHUCK CARLSON, CHIEF EXECUTIVE OFFICER, HORIZON INVESTMENT SERVICES, HAMMOND, INDIANA "It's a continuing reflection of investors wanting to be on the right side of the AI movement, and Nvidia is kind of the golden child for AI investment. The company is still putting up growth numbers. It clearly is the leader in that field, and it's a must-have if you want exposure to AI and generative AI and accelerated computing." ART HOGAN, CHIEF MARKET STRATEGIST, B RILEY WEALTH, NEW YORK "It is another milepost along the road in this amazing story of a company that continues to reinvent itself. It started out as being a gaming chip maker and then a crypto mining chip maker and now as a chipmaker for artificial intelligence computing power. It's a company that's had an amazing history over the course of the last five years and that certainly has accelerated into its market cap." "So it is continuing to move forward and is a clear early winner of artificial intelligence. It doesn't look like it's running out of runway." ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, NEW YORK "It highlights the fact that Nvidia is sort of the backbone of artificial intelligence infrastructure and it is indicative of the revolution that's going on in technology. I believe that there's still more upside in the stock." "Nvidia is going to continue to lead the AI infrastructure space. It highlights the fact that companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology." Reporting by Finance & Markets team Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Business

Nvidia becomes first company to clinch $4 trillion in market value

July 9 (Reuters) - Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia achieved a $1 trillion market value for the first time back in June 2023 and the surge continued unabated with its market value more than tripling in about a year, faster than Apple (AAPL.O), opens new tab and Microsoft (MSFT.O), opens new tab, the only other U.S. firms with a market value of more than $3 trillion. Microsoft is the second biggest U.S. company, with a market cap of $3.75 trillion. Its shares were last up 1.3% at $503. Nvidia has rebounded about 74% from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley. However, optimism around trade partners reaching deals with the U.S. have lifted stocks of late, with the S&P 500 (.SPX), opens new tab hitting an all-time high. Nvidia holds a 7.3% weight on the S&P 500, the biggest on the index. Other tech behemoths, Apple and Microsoft, account for around 7% and 6%, respectively. Reporting by Shashwat Chauhan in Bengaluru; Editing by Chuck Mikolajczak and Arun Koyyur Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial Intelligence

Nvidia's $4 trillion milestone caps rise of stock market behemoth

NEW YORK, July 9 (Reuters) - The stunning rise of Nvidia Corp (NVDA.O), opens new tab to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P 500 (.SPX), opens new tab. The company's market value hit $4 trillion in morning trading on Wednesday, about 13 months after it had first reached the $3 trillion milestone. Nvidia's stock surge has given it significant weight in key equity indexes and ETFs that are more heavily influenced by companies with the biggest market values. At around 7.5%, Nvidia has the biggest weight in the S&P 500, which is widely viewed by investors as the benchmark for the U.S. stock market. The stock has an even greater presence in more tech-heavy measures, such as the popular Invesco QQQ Trust ETF (QQQ.O), opens new tab and the Philadelphia SE Semiconductor Index (.SOX), opens new tab. Its influence is less significant in the Dow Jones Industrial Average (.DJI), opens new tab, which is weighted by stock prices as opposed to market values. Nvidia may soon have company in the exclusive $4 trillion club. Microsoft's (MSFT.O), opens new tab market value was hovering around $3.7 trillion on Wednesday. Apple (AAPL.O), opens new tab ranks third at about $3.1 trillion. Their massive market values also illustrate the hefty influence of tech and tech-related companies. The top seven S&P 500 weights, which also include Amazon.com (AMZN.O), opens new tab, Alphabet (GOOGL.O), opens new tab, Meta Platforms (META.O), opens new tab and Broadcom (AVGO.O), opens new tab, comprise about one-third of the index. Nvidia's gains also point to the increasing presence of the overall technology sector (.SPLRCT), opens new tab, which is by far the largest sector in the S&P 500. The tech sector's market value has grown to one-third of S&P 500 market value, nearly reaching the proportion that the sector hit during the height of the dot com bubble in 2000. Other tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle (ORCL.N), opens new tab, up 40%, and Palantir (PLTR.O), opens new tab, up 88%. Reporting by Lewis Krauskopf; Editing by Megan Davies and Bill Berkrot Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:ETFs

Nvidia becomes first company to reach $4tn in market value

Nvidia has become the first company to hit a $4tn market capitalisation, on the back of a rapid rebound for Wall Street technology stocks in recent months. Shares in the Silicon Valley-based maker of artificial intelligence chips rose as much as 2.8 per cent on Wednesday to $164.36. The group had already surpassed Apple's $3.92tn record from last December. Nvidia stock has risen by more than 40 per cent since early May, when US President Donald Trump first signalled a thaw in his trade war with China and Nvidia struck a series of multibillion-dollar chip deals in the Middle East.

Nvidia notches $4 trillion record close market cap

July 10 (Reuters) - Nvidia's (NVDA.O), opens new tab stock market value ended the trading session above $4 trillion for the first time on Thursday, solidifying the AI chipmaker's position as one of Wall Street's most-favored stocks. Shares of Nvidia ended up 0.75% at $164.10, giving it a market value of $4.004 trillion as it benefits from an ongoing surge in demand for artificial-intelligence technologies. Nvidia's stock market value briefly peaked above $4 trillion on Wednesday before closing at about $3.97 trillion. Reporting by Noel Randewich and Lewis Krauskopf; Editing by Chris Reese Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Business

Nvidia hits $4 trillion market cap, first company to do so

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this market value. Nvidia is the world's most valuable company, surpassing Microsoft and Apple, both of which hit the $3 trillion mark before Nvidia. Microsoft is also one of Nvidia's biggest and most important customers. The California-based company, which was founded in 1993, first passed the $2 trillion mark in February 2024, and surpassed $3 trillion in June. Nvidia has profited heavily off of growing demand for artificial intelligence hardware and chips since the launch of ChatGPT in late 2022. The company has positioned itself as the decisive leader in the creating the graphics processing units that power large language models.

Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK (AP) -- Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Goo -- it is now worth over $3 trillion -- and the stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently, with the latest coming last week. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.

Nvidia's latest milestone shows this is still the AI bull market

Nvidia has shaken off concerns about tariffs and competition to hit a new Wall Street milestone, reinforcing that the artificial intelligence boom is still at the heart of this stock market rally. The chip giant briefly passed $4 trillion in market value on Wednesday, the first company ever to do so, and its shares are now up 21% year to date. Last year, Nvidia soared 171% and in 2023 it rose 239%. NVDA 1Y mountain Nvidia has rebounded back to being the world's biggest company by market cap. Nvidia initially became the most valuable company in the world more than a year ago, with a then-market cap of around $3.3 trillion. The stock's torrid rally cooled somewhat after that, and worries about DeepSeek and trade policy changes for semiconductors hit Nvidia earlier this year, but now the upward move seems back on track. Being the world's most valuable company is not a sign of permanent superiority. General Electric and ExxonMobil each held the crown at one point but have since receded in importance in terms of the entire stock market. Microsoft briefly took the top spot before the tech bubble, and then had to claw its way back up the ranks. But, in Wall Street's eyes, Nvidia seems to have room to extend its tenure as a top stock. The company has a buy or strong buy rating from 58 of the 65 major analysts that cover it, according to LSEG. "Look out at the next four quarters of earnings growth. This year, earnings are expected to grow almost 50%. The stock only trades at 33 times expected earnings over the next four quarters ... that's a reasonable price, I think, for what has turned into a company leading an AI charge," said Bret Kenwell, U.S. investment analyst at eToro. Beyond its own growth, Nvidia is also the emblem of the broader AI rally. The performance of other major stocks shows how strong the theme still is. Microsoft , with its deep ties to OpenAI, is up 19% year to date. Meta Platforms , which is aggressively recruiting in AI, has gained 25%. While Apple , which has struggled to hit on an AI strategy, is down more than 15% on the year. Outside of Big Tech, it seems like the enthusiasm for this sector is starting to lift up some smaller stocks as well, Kenwell said. "It's nice to at least see the rally broadening out to even the laggards of that [semiconductor] group. And now I think we're even starting to see it in other places, in other industries. We're seeing cybersecurity names kind of getting a little bit of a jolt. We're seeing big data companies ... doing really well. And I think those are all kind of being helped along by the same AI thematic," Kenwell said.

Nvidia becomes world's first $4tn company

Nvidia has become the first company in the world to reach a market value of $4tn. Shares in the chip-maker rose by as much as 2.4% to $164 on Wednesday, as the company continues to benefit from the ongoing surge in demand for the tech that powers artificial intelligence (AI). The US-based company reached a market value of $1tn for the first time in June 2023, and has continued to climb rapidly since. "This is a historical moment for Nvidia", tech analyst Dan Ives of Wedbush Securities said in a note. "They are the only game in town with their chips the new gold and oil," he added.

Nvidia Becomes First Public Company Worth $4 Trillion

Nvidia spent three decades building a business worth $1 trillion. It spent two years turning itself into a $4 trillion company. On Thursday, the world's leading provider of computer chips for artificial intelligence became the first public company to be worth $4 trillion, after its stock ended the day trading just above $164 a share. It achieved the milestone before an array of better-known tech heavyweights, including Apple and Microsoft. Nvidia's rise is among the fastest in Wall Street history, and it is a testament to investors' belief that artificial intelligence will deliver an economic transformation that rivals the Industrial Revolution's. More than any other company, Nvidia jump-started the A.I. frenzy. Jensen Huang, the company's chief executive, bet a decade ago that chips known as graphics processing units, or GPUs, would make it possible to build artificial intelligence systems. He poured billions of dollars into software for A.I. developers. The bet paid off in 2022 when OpenAI released ChatGPT, igniting a frenzied race to develop A.I. systems and products. In recent months, tech titans have showered A.I. experts with $100 million checks and have set out to spend tens of billions of dollars on data centers that consume more electricity than a million homes. Subscribe to The Times to read as many articles as you like.

Nvidia becomes the world's first $4 trillion public company...

Update (July 9): Nvidia has become the first publicly traded company to reach a $4 trillion market valuation, underscoring its position at the center of the generative AI market. Its chips are used in the data centers that support AI models and cloud services from major firms like Microsoft, Amazon, and Google. The company's stock has risen about 20% this year, driven by sustained demand for AI infrastructure. This development also marks a shift in market leadership. Nvidia surpassed both Apple and Microsoft, which had previously alternated as the most valuable companies. Apple, which started the year near a $3.9 trillion valuation, has declined amid broader market and policy concerns. Meanwhile, Nvidia reported $44.1 billion in revenue for the quarter ending in April, a 69% increase from the prior year, reflecting continued growth in AI-related demand. The original story from July 4th follows below: Nvidia came within striking distance of setting a new record for the most valuable company in history on Thursday, as its market capitalization soared to $3.92 trillion during intraday trading, just shy of the $4 trillion mark. The chipmaker's rapid ascent, fueled by relentless demand for its advanced AI chips, briefly pushed it past Apple's previous record closing value of $3.915 trillion set in late 2024. By the end of the trading session, Nvidia's value settled at $3.89 trillion, slightly below the all-time high but still underscoring its extraordinary run. "When the first company crossed a trillion dollars, it was amazing. And now you're talking four trillion, which is just incredible. It tells you that there's this huge rush with AI spending and everybody's chasing it right now," Joe Saluzzi, co-manager of trading at Themis Trading, told Reuters. The surge in Nvidia's stock reflects a broader wave of optimism on Wall Street about the future of AI. The company's latest chips have become essential for training and running the largest and most sophisticated AI models, fueling a race among technology giants to build powerful data centers and dominate the next era of computing. Microsoft, Amazon, Meta, Alphabet, and Tesla are all competing to expand their AI infrastructure, and Nvidia's specialized hardware sits at the heart of this transformation. According to LSEG data, Nvidia's current valuation now exceeds the combined market capitalization of all publicly listed companies in Canada and Mexico, and even surpasses the total value of all publicly traded firms in the United Kingdom. Four years ago, the company was valued at $500 billion and was largely known for its graphics technology used in video games. Since then, its market capitalization has grown nearly eightfold, propelled by the explosive growth in AI applications and the company's ability to deliver the high-performance chips that power them. The company's financial performance has been equally impressive. In the most recent quarter, Nvidia reported $44.1 billion in revenue, a 69 percent increase from the previous year, with data center sales alone contributing $39.1 billion. This puts Nvidia on track to approach $170 billion in annual revenue for fiscal 2026, up from $130.5 billion in 2025. Analysts expect the company's next-gen Blackwell Ultra GPUs to further accelerate growth, with Wall Street anticipating that Nvidia could soon reach, and potentially surpass, the $4 trillion market cap milestone. Nvidia's rise has also reshaped the broader stock market. The company now represents a significant portion of the S&P 500 index, and its performance has left many investors, including those saving for retirement through index funds, increasingly exposed to the fortunes of the AI sector. Microsoft, currently valued at $3.7 trillion, and Apple, at $3.19 trillion, round out the top three most valuable companies. But Nvidia's momentum has set a new benchmark for what is possible in the technology industry. Despite its dominance, Nvidia faces challenges, including ongoing trade restrictions that limit the sale of its most advanced chips to China, as well as rising competition from rivals developing custom AI hardware. However, the company's innovation pipeline remains robust, with expansion into new markets such as autonomous vehicles and physical AI systems, signaling that its influence in the tech world is likely to persist. Permalink to story:

It Started with Games, now It's the World's First Ever $4 Trillion Company

Nvidia hits a historic milestone as Wall Street’s biggest bet on AI pays off. Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution. While OpenAI and its viral chatbot ChatGPT might be the public face of AI, Wall Street looks to Nvidia as the true barometer of this transformative technology. Nvidia designs and manufactures the advanced graphics processing units (GPUs) that are the backbone of the data centers powering AI models and cloud services. These specialized chips are crucial for the complex calculations required by AI, making NVIDIA an indispensable part of the AI infrastructure boom. Its chips are essential for the enormous computing workloads required to train and run artificial intelligence. The company's immense market share in the AI chip sector means its performance directly reflects the scale of investment flowing into AI. According to market research firm The International Data Corporation, spending on AI infrastructure is projected to exceed $200 billion by 2030, with Nvidia positioned to capture a significant portion of this growth. "The Godfather of AI Jensen and Nvidia hit $4 trillion market cap," commented Wedbush Securities analyst Dan Ives, an AI bull. "AI Revolution and huge historical moment for US Tech sector." Nvidia's journey to this monumental valuation is remarkable. For years, the company was primarily known and beloved by gamers and online communities for its high-performance GPUs, which provided the processing power for cutting-edge video games. However, its versatile chips proved equally adept at powering not just artificial intelligence, but also robotics and autonomous vehicles. The recent rollout of its flagship AI chip, Blackwell, just months ago, further underscores Nvidia's aggressive innovation and future potential. This historic achievement comes despite significant geopolitical challenges. For several months, Nvidia has been banned from selling its most powerful chips to China due to escalating tech tensions between the United States and China. The company reported missing out on $2.5 billion in revenue in the last quarter ending in April because of these export restrictions. Despite these headwinds, Nvidia's financial performance has been extraordinary. In the most recent quarter, the company recorded approximately $44.1 billion in revenue, a staggering 69% increase year over year. Its net income soared to an impressive $18.8 billion, up 26% from the previous year. Nvidia's market cap trajectory has been nothing short of spectacular: Nvidia, led by CEO Jensen Huang, surpassed tech giants Apple and Microsoft to claim the $4 trillion title. Apple, which started the year with a market cap of $3.9 trillion, was widely expected to be the first to reach this milestone. However, the ongoing trade disputes, particularly impacting Apple's China-centric supply chain, along with perceptions that it lags behind in the current AI race, allowed Nvidia to seize the lead. Microsoft, a significant player in AI through its investments in OpenAI and products like Copilot, had been trading the top spot with Nvidia in recent days. But during the current trading session, a 2.5% gain propelled Nvidia decisively above the $4 trillion mark, making it the only company globally at this valuation. Nvidia's unprecedented success serves as a powerful testament to the real, tangible potential of artificial intelligence for anyone still doubting its impact. This milestone not only reflects Nvidia's current dominance but also signals a profound shift in the global economy, driven by the relentless expansion of AI.

Nvidia becomes first $4 trillion company as AI demand explodes

In a year of AI euphoria, no one's flying higher than Nvidia. On Wednesday, the semiconductor giant became the first publicly traded company to hit a $4 trillion market valuation, a milestone fueled by tech giants' insatiable demand for the high-performance chips powering artificial intelligence models, cloud computing, autonomous systems, and next-gen data centers. The chipmaker's shares climbed 2.5 percent to a record $164, extending a rally that's turned Nvidia from a gaming GPU pioneer into Wall Street's crown jewel.

Nvidia becomes first $4 trillion company at market close

Nvidia's stock has increased more than 870 percent since ChatGPT was released in late 2022 Artificial intelligence chipmaker Nvidia became on Thursday the first publicly traded company to close at a $4 trillion market capitalization. The California-based company was trading at $164.10 a share at market close, after briefly hitting the $4 trillion market capitalization milestone Wednesday morning. Nvidia has been at the forefront of an AI boom that has carried the stock market this year. Software, technology and energy companies -- expected to benefit from AI's electricity needs -- were among the top performers in the first six months of 2025, even as markets were buffeted by changing trade and tariff policies. "There is one company in the world that is the foundation for the AI Revolution and that is Nvidia," Wedbush Securities analysts said in a note Wednesday. Nvidia's stock has increased more than 870 percent since ChatGPT was released in late 2022. It has grown more than 18 percent year-to-date, despite dipping in late January after Chinese ChatGPT competitor DeepSeek rocketed to the top of Apple's app store, raising investor concerns that U.S. companies were overspending on AI infrastructure that would not become profitable. Nvidia, founded in the 1990s, makes graphics processing units that help render video game images and now power generative AI tools, including ChatGPT. Nvidia first hit a market capitalization of $1 trillion in 2023. It has since leapfrogged over other tech giants, including Apple and Microsoft, which both have market capitalizations above $3 trillion. Wedbush analysts said they expect Microsoft to also reach a $4 trillion market capitalization this summer.

Nvidia beats Apple to a $4T valuation as it rides AI wave - 9to5Mac

Nvidia, the US company specializing in high-performance GPU cards, has become the first ever company with a market capitalization of four trillion dollars. It is now the most valuable company in the world, ahead of Apple and Microsoft. It's a little over a year since the company overtook AAPL thanks to a spectacular rise in value that saw it go from being worth $2T to more than $3T in just four months ... Nvidia is best known for its high-end GPU chips used in gaming computers, and until the last few years its revenue was driven by a mix of gamers and graphics professionals. However, GPUs are actually better than CPUs at some types of number-crunching, which is the reason they've been used for crypto mining among other things. Seeing this, and that machine-learning involves a similar type of calculation-intensive processing, the company made the smart decision to build servers optimized for this purpose. As generative AI took off, the company found its AI servers in massive demand. That demand includes Apple, which is reportedly spending a billion dollars on them this year. It remains to be seen whether Nvidia's phenomenal valuation is sustainable, or whether it is instead in a bubble caused by demand temporarily exceeding supply. At the time of writing, its stock price was sitting at around $164, seeing its market cap dip back very marginally beneath $4T.

Nvidia Beats Apple to $4 Trillion Market Value

Nvidia today became the first public company to hit a $4 trillion market value as shares briefly rose to $164. Stock has dropped back to around $163 per share, so the company is now hovering at the $3.9T mark. Apple became the world's first $3 trillion company in January 2022, and it was at one point the world's most valuable public company, but it has been unable to maintain that position with competition from Nvidia and Microsoft. Nvidia first hit the $3 trillion mark in June 2024, and it's at the $4 trillion mark just over a year later. Nvidia is now the world's most valuable publicly traded company, with Microsoft taking second place and Apple coming in third. Microsoft has a market value of $3.74T, while Apple has a $3.14T market value. Microsoft is expected to hit the $4T mark ahead of Apple. Amazon, Alphabet, and Meta have market values of $2.36T, $2.15T, and $1.84, respectively. Nvidia's value has soared over the last few years due to demand for its AI server chips.

Nvidia Rides the AI Wave to Become the World's First $4 Trillion Company

When the stock markets opened this morning, Nvidia (NVDA) became the world's first publicly traded company to reach a market value of $4 trillion, surpassing tech industry giants Apple and Microsoft in reaching the record-setting benchmark. While Nvidia's market cap has since dipped to $3.99 trillion as of writing, it is nonetheless an incredible achievement to be the first company to cross the $4 trillion mark. Nvidia's extraordinary financial success is due in significant part to the company's commitment to making chips for the AI arms race, a move that helped it reach a $2 trillion valuation -- the highest-ever at the time for a chipmaker -- not even a year and a half ago. In the past five years, Nvidia's stock price has gone from less than $11 per share to over $163 today. Save for a sizable tumble in April this year, which the company has obviously since recovered from, it has been nearly exclusively good news for the American multinational corporation during the AI era. Nvidia's revenue eclipsed $130.5 billion in fiscal year 2025, a 114% increase year-over-year, and way above the company's $26.97 billion revenue in 2023. Nvidia's rise has been meteoric. Meanwhile, Microsoft, which boasts an impressive $3.75 trillion market cap, has experienced tremendous growth of its own over the past five years. Microsoft's stock price has risen 290 points, or 136%, in five years. In contrast to many of its peers, Microsoft has also had an excellent 2025 so far, with stock prices rising 20.5% since January 1. However, Microsoft recently laid off about 15,000 employees as part of its AI-focused restructuring in the past two months, so while investors may be loving Microsoft, all is not well at the Redmond-based company. Another company that was a strong contender to hit the $4 trillion market cap mark first, Apple, has experienced a very different 2025 than Nvidia and Microsoft. Apple's stock price has dropped 35 points (14.3%) so far this year and is about 50 points off its peak from last December. On December 27, 2024, Apple came close to $4 trillion -- hitting $3.86 trillion. From hitting $1 trillion market cap in May 2023 to topping $4 trillion, if only briefly, on July 9, 2025, Nvidia has benefited from the AI hype more than any other company on Earth. "This is a historical moment for Nvidia, the tech space flexing its muscles, and speaks to the AI Revolution hitting its next stage of growth led by the one chip fueling AI... Nvidia," Wedbush analyst Dan Ives told CNN over email today. Ives also told CNN that he expects Microsoft will reach the $4 trillion mark sometime this summer. Nvidia's CEO, Jensen Huang, believes the company is still in the early stages of AI's financial and technological potential. He said on an earnings call in May that every country and industry on Earth will need AI. Huang may be right, as the financial markets love AI, even if society at large doesn't.

Nvidia becomes first public company to hit $4 trillion, beating Microsoft, Apple

Why it matters: It's the first time any public company has ever hit that benchmark, reflecting the feverish investor interest in the AI chips giant. Zoom in: Nvidia shares jumped above $164 in early trading Wednesday, pushing the company's market cap -- its share price multiplied by its total number of shares -- through the $4 trillion threshold before receding to just below that figure. The big picture: Nvidia has become a bellwether stock for the AI economy as tech companies invest heavily in product development and data center capability, powering Nvidia's rise. Yes, but: Nvidia must navigate chip export restrictions imposed by the U.S. to curb China's ability to advance AI.

Nvidia briefly became the first ever $4 trillion company

Despite brief dip, it remains the world's most valuable company After months battling it out to become the world's most valuable company, and briefly holding that title on several occasions, Nvidia has become the first company ever to hit a staggering $4 trillion market cap. Although the company's value has since dipped slightly, to just $3.972 trillion at the time of writing, it remains the world's most valuable company ahead of Microsoft and Apple - the only two other companies to have passed the coveted $3 trillion mark. Although fluctuations continue to see the three companies change positions, Nvidia continues to see strong growth due to continued demand for AI chips. Much of Nvidia's success can be attributed to the launch of ChatGPT in November 2022, as its stock has risen more than 15x in the past five years as a result of the demand for AI. More recently, Nvidia shares are up 15% month-over-month and 22% year-to-date. The news comes in the year after Nvidia hit $2 trillion (February 2024) and $3 trillion (June 2024) valuations. Internally, Nvidia's earnings also continue to grow, with first-quarter revenue up 12% quarter-over-quarter and a health 69% year-over-year. The company also revealed that data centre revenue also up 73% compared with last year, accounting for over 88% of the company's total revenue. "Global demand for Nvidia's AI infrastructure is incredibly strong. AI inference token generation has surged tenfold in just one year, and as AI agents become mainstream, the demand for AI computing will accelerate," CEO Jensen Huang explained. This marks a departure from Nvidia's past, when it was known for its gaming GPUs. With Nvidia stock worth just 1% of what it's worth today eight years ago, it's unclear how much more growth the company could be set to experience.

Nvidia becomes first company to reach $4tn in market value

Ongoing surge in demand for AI technology fueled stratospheric rise of chipmaker's value Chipmaker Nvidia became the first public company in history to scale a $4tn market value on Wednesday as its stock price continues a years-long stratospheric rise. Shares of the top chip designer rose roughly 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia's chips and associated software are considered world leaders for building artificial intelligence products. Nvidia achieved a $1tn market value for the first time back in June 2023 and the surge continued unabated with its market value - the total value of its shares - more than tripling in about a year, faster than Apple and Microsoft, the only other US firms with a market value of more than $3tn. Apple was the first company to reach a valuation of $3tn, back in 2022. Microsoft is the second-biggest US company, with a market value of about $3.75tn. Nvidia's value is equivalent to 7.3% of the entire S&P 500, Wall Street's benchmark share index. Apple and Microsoft, account for about 7% and 6%, respectively. Nvidia has rebounded about 74% from its April lows, when global markets were jolted by Donald Trump's tariff volley. US export controls forbid Nvidia from selling its most advanced chips to China, a restriction the company has pushed back on. However, optimism around trade partners reaching deals with the US have lifted stocks of late, with the S&P 500 hitting an all-time high. Daniel Ives, tech analyst at Wedbush, predicted that more big tech giants will come to join Nvidia in the $4tn market club. "The poster children for the AI revolution are led by Nvidia and Microsoft as both are foundational pieces of building on the biggest tech trend we have seen in our 25 years covering tech stocks on the Street," he said. Microsoft will hit $4tn "this summer", Ives said, "and then over the next 18 months the focus will be on the $5tn ... as this tech bull market is still early being led by the AI revolution."

Nvidia becomes first $4 trillion company in market history

Nvidia has all its chips on the table -- and Wall Street is still betting big. The AI hardware juggernaut on Wednesday became the first company in history to hit a $4 trillion market cap, a milestone that cements its dominance in one of the most lucrative tech revolutions in decades. The stock briefly surged past $164.42, enough to push Nvidia into that record-breaking territory before shares slipped slightly later in the day. Even with the pullback, the AI chipmaker remains perched near that $4 trillion mark -- still the most valuable company in the world, ahead of Microsoft, which is also closing in on the same milestone. Nvidia's shares are up nearly 18% year to date and more than 14% in the last month alone. The company's record valuation is largely a signal that the rules of scale in tech have changed. The company's rise has been blistering: It topped $1 trillion in mid-2023, then blew past the $2 trillion and $3 trillion marks in quick succession. The rally has been fueled by insatiable demand from Big Tech players -- including Microsoft, Meta, Amazon, and Google parent company Alphabet -- who have all been racing to build massive AI models that require tens of thousands of Nvidia's specialized chips. Every major AI buildout, from OpenAI's GPT to Tesla's autonomous systems, depends on Nvidia chips. Governments are spending billions to stand up "sovereign AI" programs. Tech giants are racing to secure supply. And Nvidia has positioned itself as the one-stop shop for AI infrastructure, from raw silicon to entire data centers. The market, naturally, is hooked. Nvidia now makes up roughly 8% of the S&P 500, meaning its daily moves swing everything from tech indexes to pension funds. Analysts have raced to raise their targets: Citi recently bumped its price forecast to $190. Other firms, such as Loop Capital, see Nvidia shares hitting $250, which would imply a staggering $6 trillion valuation. "It may seem fantastic that Nvidia's fundamentals can continue to amplify from current levels," Loop analyst Ananda Baruah wrote in a recent note, "but we remind folks: Nvidia remains essentially a monopoly for critical tech, and it has pricing (and margin) power." The firm projects the AI chip market could reach $2 trillion by 2028 and sees Nvidia's valuation potentially climbing from $3.6 trillion today to $6 trillion. Wedbush, meanwhile, says $5 trillion is within reach this year. For every $1 spent on Nvidia's chips, Wedbush has estimated that there's an $8-$10 ripple across the tech stack. A huge part of the momentum is coming from Nvidia's next-generation Blackwell chips, which began rolling out this year and are expected to power the next wave of AI adoption. Cloud providers, enterprise firms, and governments are all loading up. So far, there's no sign that demand is cooling -- if anything, the opposite. That said, there are real risks on the horizon. U.S. export restrictions have already cut Nvidia off from some of its biggest potential buyers, particularly in China. The company disclosed a $4.5 billion inventory charge in its last earnings report tied to chips it can no longer sell (although the company largely shrugged that charge off). And while Nvidia's dominance remains clear for now, the pace of innovation -- and competition, from companies such as AMD and even a blacklisted Huawei -- is only accelerating. And while demand remains red-hot, some analysts warn that the broader AI hype cycle could eventually cool. For now, though, investors aren't blinking. Nvidia isn't leading the AI revolution -- Nvidia is the AI revolution. And with Microsoft likely not far behind in hitting the $4 trillion mark, Wall Street may be entering an era where trillion-dollar milestones are just the cost of admission to the top tier of tech.

AI kingpin Nvidia crowned as first public company with a $4 trillion valuation

Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors. The milestone reflects the upheaval being unleashed by artificial intelligence, or AI, which is widely viewed as the biggest tectonic shift in technology since Apple co -- founder Steve Jobs unveiled the first iPhone 18 years ago. Underscoring the changing of the guard, AI bellwether Nvidia is now worth $900 billion more than Apple, which rode the iPhone's success to become the first publicly traded company to valued at $1 trillion, $2 trillion and eventually, $3 trillion. Nvidia's rise as come as Apple has struggled to deliver on its ambitions to infuse the iPhone and other products with more AI with an array of new features that included a more than year-old promise to smarten up its often bumbling virtual assistant Apple acknowledged last month that delivering on its AI vision is going to take until at least next year, leading some industry analysts to wonder if the company will have to acquire an AI start-up to regain momentum. In the meantime, former Apple design guru Jony Ive has joined forces with OpenAI to work on a wearable AI device that could challenge the iPhone while Nvidia has been scrambling to meet the feverish demand for its specialized chips that power the energy-intensive data centers underlying artificial intelligence. And tech giants Microsoft, Amazon, Google parent Alphabet and Facebook parent Meta Platforms are upping the AI ante too, collectively budgeting about $325 billion for investments in the technology this year -- with a significant amount of that money likely to flow into Nvidia's coffers. The ravenous appetite for Nvidia's chips are the main reason that the company's stock price increased by 10-fold since early 2023, catapulting its market value from about $400 billion, to $4 trillion. After exceeding $4 trillion for the first time early Wednesday, Nvidia's market value dipped slightly below that threshold in afternoon trading as its shares hovered around $163. Nvidia's rapid rise also has anointed the company's founder and CEO Jensen Huang as "the godfather" of AI, whose dissertations about the technology's direction attract enraptured audiences. Huang's widening fame also has been accompanied by a fattening fortune, now estimated at $142 billion. It looked like Nvidia may have hit a road block in early April when President Donald Trump unveiled sweeping tariffs and triggered widespread selloff in the stock market that hit the tech sector especially hard. At its nadir, Nvidia's stock price slipped below $87. But Nvidia quickly bounced and in late May delivered another stellar quarter, highlighted by an $18.8 billion profit, despite a $4.5 billion hit to account for U.S. government restrictions on the sale of some of its chips to China. The Santa Clara, California, company is scheduled to release its next quarterly report on Aug. 27. © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Nvidia becomes first $4 trillion market cap, Jensen Huang's net worth gains $25 billion year-to-date

Nvidia made history by becoming the world's first publicly traded company to surpass a $4 trillion market capitalization. The milestone was reached as Nvidia's stock price surged to $164.42 during intraday trading on July 9. The company's stock has soared by approximately 1,460% over the past five years, with a near 18% gain registered year-to-date. Nvidia's ascent is driven by its near-monopoly on AI chip manufacturing, with its graphics processing units (GPUs) forming the backbone of machine learning, data centers, and large language models. The Silicon Valley giant's chips are now essential for tech giants including Microsoft, Amazon, Meta, and Alphabet. Nvidia's historic rally has had a dramatic impact on the personal fortune of its co-founder and CEO, Jensen Huang. As of July 2025, Huang's net worth is estimated by Bloomberg at $140 billion, up $25 billion this year alone. Huang owns about 3.5% of Nvidia, making him the largest individual shareholder. This surge places Huang among the world's 10 richest individuals, with his fortune closely tracking Nvidia's stock performance. Nvidia now holds the heaviest weighting on the S&P 500 index, surpassing tech giants Apple and Microsoft. The milestone has fueled optimism for further growth, with some analysts projecting Nvidia's market cap to keep rising. Loop Capital's Ananda Baruah sees Nvidia at the "front-end" of the next "Golden Wave" for generative AI pushing it past $6 trillion in coming years.

Nvidia hits $4 trillion making it world's most valuable company

Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after a two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into the most valuable company in the world, surpassing Microsoft, Apple, Amazon and Google parent, Alphabet. The stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion (€512bn). In its most recent quarter, Nvidia overcame tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered AI chips. Nvidia earned $18.8bn (€16bn), or 76 cents per share, in the period, a 26% increase from the same time last year. Revenue surged 69% from a year ago to $44.1bn (€37.6bn). If not for a $4.5bn (€3.8bn) charge that Nvidia absorbed to account for the US government's restrictions on its chip sales to China, Nvidia would have made 96 cents per share, far above the 73 cents per share envisioned by analysts. Nvidia reports its second-quarter results next month. Wall Street is expecting another quarter of record sales and profit for the Santa Clara, California, company. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has broken record after record recently. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the US economy from tariffs and other policies of President Donald Trump.

Nvidia becomes first company to surpass $4 trillion in market valuation

Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into the most valuable company in the world, surpassing Microsoft, Apple, Amazon and Google parent Alphabet. The stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion. In its most recent quarter, Nvidia overcame tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered AI chips. Nvidia earned $18.8 billion, or 76 cents per share, in the period, a 26% increase from the same time last year. Revenue surged 69% from a year ago to $44.1 billion. If not for a $4.5 billion charge that Nvidia absorbed to account for the U.S. government's restrictions on its chip sales to China, Nvidia would have made 96 cents per share, far above the 73 cents per share envisioned by analysts. Nvidia reports its second-quarter results next month. Wall Street is expecting another quarter of record sales and profit for the Santa Clara, California, company. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.

Nvidia becomes first company ever to be worth $4 trillion

Nvidia CEO Jensen Huang has become something of a global diplomat for the artificial intelligence sector.I-Hwa Cheng / AFP via Getty Images Nvidia became the first company ever to be worth $4 trillion. The chipmaker's shares rose as much as 2.5% Wednesday, pushing higher than the previous market value record, set by Apple in December 2024. Nvidia has rallied by more than 70% from its April 4 low, when global stock markets were sent reeling by President Donald Trump's global tariff rollout. Tech analyst Dan Ives called Wednesday's milestone a "huge historical moment for the U.S. tech sector." The record value comes as tech giants such as OpenAI, Amazon and Microsoft spend hundreds of billions of dollars in the race to build massive data centers to fuel the AI revolution. All of those companies are using Nvidia chips to power their services, though some are also developing their own. In the first quarter of 2025 alone, the company reported its revenue soared about 70% to more than $44 billion. Nvidia said it expects another $45 billion worth of sales in the current quarter. "Global demand for Nvidia's AI infrastructure is incredibly strong," CEO Jensen Huang told investors in a May conference call. Shares have surged nearly 20% this year on that explosive growth. Its shares are also higher by 1,500% over the course of the last five years. That also led Nvidia to unseat Microsoft in mid-June as the most valuable public company in the world. A little over two years ago, Nvidia was worth just $500 billion. In June 2023, the company surpassed $1 trillion in value, only to double that by February 2024. Last month, the company's value hit more than $3 trillion. Currently trailing Nvidia and Microsoft in the rankings are Apple at $3.13 trillion, Amazon at $2.38 trillion, Alphabet at $2.12 trillion and Meta Platforms at $1.81 trillion. Still, Nvidia has faced a number of hurdles. In early April, as global markets were plunging on fears about Trump's global tariffs, the company disclosed that it would take as much as a $5.5 billion hit from Chinese export restrictions imposed by the U.S. government. It ended up having to swallow most of that, with a $4.5 billion hit in the three-month period. "The $50 billion China market is effectively closed to U.S. industry," Huang said at the time. The tech CEO has gained a cult following and become something of a global diplomat for artificial intelligence and Nvidia's central role in it. In the last few months alone, Huang has made trips to meet with Trump at the president's Mar-a-Lago club in Florida. Huang has also met with the chancellor of Germany in Berlin, top European Commission leaders, and senior lieutenants to President Xi Jingping in China.

AI giant Nvidia becomes first company to reach $4 tn in value

New York (AFP) - Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet that artificial intelligence will transform the economy. Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold. "The market has an incredible certainty that AI is the future," said Steve Sosnick of Interactive Brokers. "Nvidia is certainly the company most positioned to benefit from that gold rush." Nvidia, led by electrical engineer Jensen Huang, now has a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation. The California chip company's latest surge is helping drive a recovery in the broader stock market, as Nvidia itself outperforms major indices. Part of this is due to relief that President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April. Even as Trump announced new tariff actions in recent days, US stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday. "You've seen the markets walk us back from a worst-case scenario in terms of tariffs," said Angelo Zino, technology analyst at CFRA Research. While Nvidia still faces US export controls to China as well as broader tariff uncertainty, the company's deal to build AI infrastructure in Saudi Arabia during a Trump state visit in May showed a potential upside in the US president's trade policy. "We've seen the administration using Nvidia chips as a bargaining chip," Zino said. New advances Nvidia's surge to $4 trillion marks a new benchmark in a fairly consistent rise over the last two years as AI enthusiasm has built. In 2025 so far, the company's shares have risen more than 21 percent, whereas the Nasdaq has gained 6.7 percent. Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics and other cutting-edge domains. The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is "real-time digital twins," significantly speeding production development time in manufacturing, aerospace and myriad other sectors. However, Nvidia's winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths. Nvidia's lost some $600 billion in market valuation in a single session during this period. Huang has welcomed DeepSeek's presence, while arguing against US export constraints. AI race In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from US export controls limiting sales of cutting-edge technology to China. The first-quarter earnings period also revealed that momentum for AI remained strong. Many of the biggest tech companies -- Microsoft, Google, Amazon and Meta -- are jostling to come out on top in the multi-billion-dollar AI race. A recent UBS survey of technology executives showed Nvidia widening its lead over rivals. Zino said Nvidia's latest surge reflected a fuller understanding of DeepSeek, which has ultimately stimulated investment in complex reasoning models but not threatened Nvidia's business. Nvidia is at the forefront of "AI agents," the current focus in generative AI in which machines are able to reason and infer more than in the past, he said. "Overall the demand landscape has improved for 2026 for these more complex reasoning models," Zino said. But the speedy growth of AI will also be a source of disruption. Executives at Ford, JPMorgan Chase and Amazon are among those who have begun to say the "quiet part out loud," according to a Wall Street Journal report recounting recent public acknowledgment of white-collar job loss due to AI. Shares of Nvidia closed the day at $162.88, up 1.8 percent, finishing at just under $4 trillion in market value.

Nvidia becomes first company ever to hit a $4 trillion market cap (yes that's 'trillion' with a 'T')

Chip manufacturer Nvidia has become the first company in history to hit a $4 trillion dollar market capitalisation on Wall Street, after a rapid rise in value over recent months (per the Financial Times). The Silicon Valley firm's share price rose 2.8% on Wednesday to $164.36, taking it past the previous record valuation held by Apple of $3.92T in December 2024. The chip maker has bet big on the so-called AI revolution, and manufactures the vast majority of the chips powering the field's major companies like OpenAI. It also recently signed a bunch of multibillion deals in the Middle East, and has been a beneficiary of President Donald Trump rowing back on his threats of a trade war with China. The Financial Times describes Nvidia as "the biggest beneficiary of a tech boom that has exceeded the headiest days of the dotcom era," which might give some of us a little pause. CEO Jensen Huang has led the company's push into AI and associated technologies like robotics, and has spearheaded enormous investment in infrastructure like data centres that should keep Nvidia ahead of any rivals for years to come. In May the company reported a 70% increase in quarterly revenues and Huang bragged that various factors meant demand for its AI chips was "kicking into turbocharge." Turbocharge is certainly one way to describe this current valuation: Nvidia was worth around $1T only two years ago. What changed? This was around the time that technologies like ChatGPT began to become available to the public, and tech firms began jamming AI into as many products as possible: It's nigh-on impossible to use the mainstream internet now, nevermind your own PC, without rubbing up against AI features constantly. And you know who loves AI, right? "The more AI, the better [the] bottom line," said Huang last month. "The absence of AI is the only thing I worry about." The company's shares have been mostly on the climb ever since. Nvidia's valuation hit $2T in February 2024, then $3T in June 2024, before briefly sputtering in early 2025. This was driven by a combination of concern about whether the demand for its chips would keep growing, and the wider context of President Trump's threat to impose global tariffs, and in particular what would happen with China. Nvidia still faces restrictions on selling its most powerful chips to China, but the company has been openly lobbying against it, with dire warnings that this will only strengthen China's homegrown industry. But clearly shareholders think that, even with the uncertainty over China, there's enough global demand for Nvidia chips to keep the momentum going. Analysts S&P Capital IQ project that Nvidia's revenue will come in at just under $200B this year, which would be up 55% year-on-year, with net income of $105B. Good times for some, anyway: Nvidia's leadership including Huang sold $1B worth of shares in late June. Nvidia said at the time that Huang's sales were part of a pre-arranged plan, and he retains the vast majority of his shares in Nvidia. Huang can sell up to six million shares before the end of 2025, which at the firm's current valuation would be worth just under a billion dollars. Not that he needs it: Forbes estimates Huang's net worth at $138B, making him the 11th richest person in the world.

Nvidia stock keeps rising as the AI chip giant hits historic $4 trillion market cap

On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization milestone, beating out tech giants like Microsoft and Apple. The leading designer and supplier of AI chips has benefited from the market's demand for generative artificial intelligence and its enormous computing needs, despite several tumblings earlier this year. At the time of publishing on Wednesday morning, Nvidia's stock price (Nasdaq: NVDA) was up another 2%, at just over $163 per share. The stock is up almost 15% in the last month. Founded in 1993, the company initially focused on graphic processing units, with its technology set apart from competitors due to its higher ability to render images and visuals. Now, Nvidia's chips have become a staple for companies's AI efforts.

Nvidia's market cap just hit $4 trillion in a Wall Street first

On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization milestone, beating out tech giants like Microsoft and Apple. The leading designer and supplier of AI chips has benefited from the market's demand for generative artificial intelligence and its enormous computing needs, despite several tumblings earlier this year. At the time of publishing on Wednesday morning, Nvidia's stock price (Nasdaq: NVDA) was up another 2%, at just over $163 per share. The stock is up almost 15% in the last month. Founded in 1993, the company initially focused on graphic processing units, with its technology set apart from competitors due to its higher ability to render images and visuals. Now, Nvidia's chips have become a staple for companies's AI efforts.

Nvidia beats Apple, Microsoft to historic $4trn valuation

Nvidia yesterday became the first company in history to hit a $4trn valuation as its chips continue to power the AI revolution. The chips giant hit a valuation of $1trn back in June 2023, and its rise since then has been nothing short of meteoric as it has become the undisputed leader in the infrastructure behind the AI boom. Yesterday (July 9) it became the first company in history to briefly touch the $4trn valuation with its shares hitting $164 at one point. "AI has ignited a new industrial revolution -- science and industry will be transformed," Jensen Huang, founder and CEO of Nvidia, said in May, and it is indeed this success in building the chips that power much of today's AI infrastructure that has led to the US-based company beating Microsoft and Apple to the historic valuation. The strong share performance comes after the chipmaking giant reported a very strong first quarter back in May, with revenue up 69pc year-on-year, and despite its warning that it could lose out on $8bn in revenue from US restrictions to chip exports during Q2. Nvidia reported revenues of just over $44bn in Q1, a 12pc rise from the previous quarter. The company also forecast a positive outlook for the current quarter, forecasting revenue to reach around $45bn - in spite of the recent export control on its chips. In April Nvidia was informed by the US government that it required an export licence to sell its previously approved H20 processors to China. This cost the company $4.5bn. CEO Huang said on an earnings call with investors that the Chinese market for AI chips, worth $50bn, is "effectively closed to US industry". Despite this, the global demand for Nvidia's AI infrastructure continues to boom. The company's first quarter data centre revenue was $39bn, up 73pc compared to the same period last year. Nvidia's gaming arm, which revolutionised the industry with its GPUs, recorded $3.8bn in revenue in Q1 - up 42pc year on year. The strained global trade situation is not halting Nvidia's global expansion. Also in May, the company announced a partnership with the Taiwanese government for an AI factory in the country, as well as a new deal with the Saudi Arabia for thousands of its AI chips. Don't miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic's digest of need-to-know sci-tech news.

Nvidia wins race to become first $4trn listed company

Nvidia has become the first stock market-listed company to achieve a value of $4trn. The stock rose by more than 2% at the market open on Wall Street to reach the milestone moment. It was achieved just over a year since Nvidia overcame the $3trn barrier and overtook Apple, in market cap terms, in the process.. The AI-focused chipmaker has been the darling of Wall Street for many years. Money latest: HMRC issues 600,000 fines to people who owe no tax The value of its shares has risen by 409,825% since its market debut in 1999. Its status has been cemented thanks to the rush for AI technology - suffering several wobbles along the way- but nothing significant when you refer to than percentage rise of the past 26 years. The most recent pressures have come from the emergence of the low-cost chatbot DeepSeek and concerns for global AI demand as a result of Donald Trump's trade war hitting growth. Financial markets have been taking a more risk- on approach to the trade war since the delays to "liberation day" tariffs in April. It's explained by a market trend that's become known as the TACO trade: Trump always chickens out. It has helped US stock markets record new record highs in recent days. The wave of optimism is down to the fact that the president is yet to follow through with the worst of his threatened tariffs on trading partners. Corporations are also yet to report big hits to their earnings - a fact that is also propping up demand for shares. If Mr Trump does goes all out in his trade war, as he has now threatened from 1 August, then that $4trn market value for Nvidia - and wider stock markets - could be short-lived, at least in the short term. But market analysts thought Nvidia's value had further to go. Matt Britzman, senior equity analyst at Hargreaves Lansdown, said of its meteoric rise: "Once known for powering video games, NVIDIA has transformed into a foundational player in AI infrastructure. Read more from Sky News: Greater risk to UK economy from Trump tariffs, BoE warns What is a wealth tax and how would it work? "Its high-performance chips now drive everything from natural language processing to robotics, making them essential to training and deploying advanced AI models. "Beyond hardware, its full-stack ecosystem - including software platforms and developer tools - helps companies scale AI quickly and efficiently. This end-to-end approach has positioned NVIDIA as a cornerstone in a market where speed, scalability, and efficiency are critical." He added: "The key question is where it goes from here, and while it might seem strange for a company that's just passed the $4 trillion mark, NVIDIA still looks attractive. "Growth is expected to slow, and it's likely to lose some market share as competition and custom solutions ramp up. But trading at a relatively modest 32 times expected earnings, and over 50% top-line growth forecast this year, there's still an attractive opportunity ahead. "For investors, it remains a compelling way to gain exposure to the AI boom - not just as a participant, but as one of its architects."

Nvidia Hits $4 Trillion Market Cap

Nvidia's journey to a $4 trillion valuation represents a landmark moment in financial markets. In simple terms, reaching a $4 trillion market cap means that if you multiplied the cost of every Nvidia share outstanding by its latest trading price, the total value of all shares would equal four trillion U.S. dollars. This level of market capitalization had never before been achieved by any publicly listed company in history. Here's what happened: on Wednesday of this week, Nvidia's common stock climbed to an intraday peak of $164 per share. That spike in share price lifted the company's aggregate value past the $4 trillion threshold. By comparison, Apple's previous record stood at $3.9 trillion in December 2024. Nvidia's new record exceeds that benchmark by roughly 2.5%, illustrating how rapidly investor sentiment and market dynamics can evolve in technology sectors. Several factors have converged to drive Nvidia's valuation upward. First, the rise of large-scale AI models -- highly sophisticated neural networks capable of tasks like natural language processing, image recognition, and decision support -- has galvanized demand for high-performance graphics processing units (GPUs). Nvidia's GPUs, originally designed for gaming and graphics rendering, have been repurposed and optimized for machine learning workloads. As organizations build their own AI infrastructures, they rely heavily on Nvidia hardware to train models that can contain billions of parameters. Second, the launch of new product lines, such as the Hopper and Blackwell architectures, has expanded Nvidia's addressable market. These architectures offer improved computational throughput, energy efficiency, and scalability. They serve data centers operated by cloud providers, research institutions, and enterprise AI teams. By continually refreshing its product portfolio, Nvidia ensures that it maintains performance leadership, attracts new customers, and encourages existing users to upgrade their systems. Of course, no narrative is complete without acknowledging risks. Supply chain constraints, geopolitical tensions affecting chip production, and competition from other semiconductor manufacturers could temper future growth. Additionally, the pace of AI model adoption may vary across sectors; some industries, such as healthcare or finance, face regulatory or ethical hurdles that could slow deployment. Investors and analysts will be monitoring these variables as they assess whether Nvidia can sustain its current valuation level. To put Nvidia's achievement in context, consider that crossing the $4 trillion threshold places it firmly in the realm of nation-like valuations. Few companies have ever reached that rarefied stratosphere. It underscores not only the financial markets' enthusiasm for artificial intelligence but also the broader shift in enterprise computing. As AI becomes integral to products, services, and operations across virtually every sector, businesses that supply the foundational technology -- like Nvidia -- occupy a privileged position. Looking ahead, Nvidia will focus on extending its leadership through research and development. Investments in next-generation chip designs, partnerships with leading cloud providers, and expansion into adjacent markets (such as automotive AI for self-driving vehicles) will shape the company's growth trajectory. Meanwhile, analysts will scrutinize quarterly earnings, product pipeline announcements, and macroeconomic indicators to gauge whether the $4 trillion valuation is a sustainable plateau or a waypoint on an even more ambitious ascent. Source: Nasdaq

Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK (AP) -- Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Google -- it is now worth over $3 trillion -- and the stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently, with the latest coming last week. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.

Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK -- Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into the most valuable company in the world, surpassing Microsoft, Apple, Amazon and Google parent Alphabet. The stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion. In its most recent quarter, Nvidia overcame tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered AI chips. Nvidia earned $18.8 billion, or 76 cents per share, in the period, a 26% increase from the same time last year. Revenue surged 69% from a year ago to $44.1 billion. If not for a $4.5 billion charge that Nvidia absorbed to account for the U.S. government's restrictions on its chip sales to China, Nvidia would have made 96 cents per share, far above the 73 cents per share envisioned by analysts. Nvidia reports its second-quarter results next month. Wall Street is expecting another quarter of record sales and profit for the Santa Clara, California, company. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.

Nvidia becomes first company to hit $4T valuation, thanks to AI boom

Nvidia's stock hit an all-time high of $164.32, making it the first $4 trillion company as AI demand drives yearly gains. American semiconductor giant Nvidia has just surpassed $4 trillion in market capitalization, becoming the first company ever to reach the lofty milestone. Nvidia beat tech giants Microsoft and Apple to the market capitalization landmark as its stock price increased to an all-time high on Wednesday. Company shares rose around 2% during early trading to reach an all-time high of $164.32 before cooling slightly to $163.36 in after-hours trading, according to Google Finance. The spike in share prices, driven by investor confidence in AI's transformative potential, pushed the firm's valuation to record highs before retreating slightly. Market capitalization is calculated by multiplying the number of outstanding shares by the current share price. Nvidia has 24.4 billion shares outstanding, meaning that its market cap has now dipped to $3.98 trillion on the after-hours share price. Nvidia's market cap milestone highlights the fact that "companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology," Robert Pavlik, senior portfolio manager at Dakota Wealth in New York, told Reuters. Related: Nvidia plans to make cheaper AI chips for China: Report The firm started out as a gaming chipmaker and then a crypto mining chipmaker, and is now a chipmaker for artificial intelligence computing power, Art Hogan, chief market strategist at B Riley Wealth, noted to USA Today, adding: "It is continuing to move forward and be a clear early winner of artificial intelligence." Despite facing a $5.5 billion valuation loss earlier in 2025 due to concerns about Chinese AI competitors and US export restrictions, and a huge $600 billion market cap decline in January, Nvidia has rebounded strongly. The company reported more than $44 billion in revenue and $19 billion in earnings for the first quarter, up 26% compared to a year ago. The firm's share prices have gained 21.3% so far this year, outperforming the US benchmark index, the S&P 500, which has gained 6.5% over the same period. Microsoft is the world's second-largest company by market capitalization, with $3.74 trillion, and Apple comes in third place with $3.15 trillion, according to CompaniesMarketCap. Only these three companies have a market capitalization of more than $3 trillion. Comparatively, Bitcoin (BTC), which revisited its all-time high Wednesday, has a market cap of $2.2 trillion, and the entire crypto market is worth less than Nvidia, with $3.53 trillion in total capitalization.

NVIDIA becomes first company in the world to hit a $4 trillion market value

As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to you. NVIDIA has become the first company in the world to reach a staggering $4 trillion market cap, despite the company's stock valuation being somewhat sluggish at the start of the year. The new record was broken on Wednesday when shares of NVIDIA rose as much as 2.5% to an all-time high of $164, which pushed the total market cap for the company briefly over the $4 trillion mark. At the time of writing, NVIDIA is sitting at $3.94 trillion. For those who don't remember, NVIDIA's stock took a $600 billion tumble at the start of the year when Chinese AI company DeepSeek shook the entire AI sector, and by at large, NVIDIA, when it unveiled a new AI model that's performance was on par with Western AI models, but only required a fraction of the processing power. The emergence of the DeepSeek AI model cast doubt on whether companies looking to expand their AI infrastructure actually needed NVIDIA's AI GPUs for more raw processing power, or would be better off investing in improving the efficiency of their current AI models on the software side. NVIDIA reached a $1 trillion market value for the first time in June 2023, and in just a single year, it managed to triple that valuation, beating the pace of other industry tech juggernauts such as Microsoft and Apple. For those interested, NVIDIA is the world's most valuable company, followed by Microsoft at $3.75 trillion, Apple at $3.14 trillion, and Amazon at $2.31 trillion.

Chipmaker Nvidia Becomes Most Valuable Company in the World at $4 Trillion

NEW YORK (AP) -- Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around $14 each. The poster child of the AI boom, Nvidia has grown into largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Google -- it is now worth over $3 trillion -- and the stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below $600 billion. Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently, with the latest coming last week. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump. Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Instant View: Nvidia Becomes First Company to Hit $4 Trillion in Market Value

(Reuters) -Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164 earlier in the morning trading, as the company is benefiting from the ongoing surge in demand for artificial intelligence technologies. COMMENTS: CHUCK CARLSON, CHIEF EXECUTIVE OFFICER, HORIZON INVESTMENT SERVICES, HAMMOND, INDIANA "It's a continuing reflection of investors wanting to be on the right side of the AI movement, and Nvidia is kind of the golden child for AI investment. The company is still putting up growth numbers. It clearly is the leader in that field, and it's a must-have if you want exposure to AI and generative AI and accelerated computing." ART HOGAN, CHIEF MARKET STRATEGIST, B RILEY WEALTH, NEW YORK "It is another milepost along the road in this amazing story of a company that continues to reinvent itself. It started out as being a gaming chip maker and then a crypto mining chip maker and now as a chipmaker for artificial intelligence computing power. It's a company that's had an amazing history over the course of the last five years and that certainly has accelerated into its market cap." "So it is continuing to move forward and is a clear early winner of artificial intelligence. It doesn't look like it's running out of runway." ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, NEW YORK "It highlights the fact that Nvidia is sort of the backbone of artificial intelligence infrastructure and it is indicative of the revolution that's going on in technology. I believe that there's still more upside in the stock." "Nvidia is going to continue to lead the AI infrastructure space. It highlights the fact that companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology."

Nvidia Becomes First Company to Clinch $4 Trillion in Market Value

(Reuters) - Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia achieved a $1 trillion market value for the first time back in June 2023 and the surge continued unabated with its market value more than tripling in about a year, faster than Apple and Microsoft, the only other U.S. firms with a market value of more than $3 trillion. Microsoft is the second biggest U.S. company, with a market cap of $3.75 trillion. Its shares were last up 1.3% at $503. Nvidia has rebounded about 74% from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley. However, optimism around trade partners reaching deals with the U.S. have lifted stocks of late, with the S&P 500 hitting an all-time high. Nvidia holds a 7.3% weight on the S&P 500, the biggest on the index. Other tech behemoths, Apple and Microsoft, account for around 7% and 6%, respectively. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Chuck Mikolajczak and Arun Koyyur)

Nvidia Is Again Wall Street's Most Valuable Company. How It Got There, by the Numbers

Nvidia reached another milestone in its rise to becoming one of the world's most important companies: the first publicly traded company to reach a market value of $4 trillion. Nvidia and other companies benefiting from the boom in artificial intelligence have been a major reason the S&P 500 has recently climbed to a record. Their explosion of profits has helped to propel the market despite worries about possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump. The company's journey to be one of the world's most prominent companies has produced some eye-popping numbers. Here's a look. $4.009 trillion Nvidia's total market value as of early Wednesday, tops in the S&P 500. It took over the No. 1 spot from Microsoft ($3.755 trillion) two weeks ago. Apple is the only other company with a market value above $3 trillion ($3.135 trillion). Two years ago, Nvidia's market value in July 2023 was around $1.050 trillion. 1,000% The approximate gain in Nvidia's stock price since the start of 2023. A $100,000 investment in Nvidia two and a half years ago would now be worth more than $1,100,000. The shares are up about 22% so far this year. $45 billion Nvidia's estimate for overall revenue in the May-July quarter, roughly in line with Wall Street estimates. $8 billion The estimated loss in sales for the quarter due to the U.S. government's restrictions on Nvidia's chip sales to China. $200 billion Analysts' estimate for Nvidia's revenue for the fiscal year that ends in January 2026, according to FactSet. That would be more than 50% above its revenue for fiscal 2025 and more than three times its receipts from the year before that. By comparison, Microsoft's revenue for its fiscal year ended in June is estimated by analysts at $279 billion. 4 billion The number of the latest iPhones one could buy with Nvidia's $4 trillion market cap. Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Nvidia's Market Cap Just Hit $4 Trillion for the First Time

Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal's publishing desk; as a writer and editor covering stocks at Barron's; as an editor of features at MarketWatch; and on product development efforts at The Journal. The chip giant on Wednesday morning became the first company to see its market capitalization touch $4 trillion intraday, rising above that level when its shares reached $163.93 in early trading. (Market cap markers are sometimes considered "official" only if the shares close above the needed level) The stock was recently up 2.6% to over $164. It's the latest milestone for one of the biggest stock stories in recent years. Nvidia (NVDA) and its shares have effectively become poster children for the AI boom, with the stock in particular being one of the main beneficiaries. Two other big tech companies -- Microsoft (MSFT) and Apple (AAPL) -- have market caps above $3 trillion. Read Investopedia's full coverage of today's trading here. (You can read our definition of what market cap is and how to calculate it yourself here.) Shares of Nvidia have risen about 25% in the past 12 months and more than 1,400% in the past 5 years.

Nvidia Pulls Ahead of Apple and Microsoft to Become the World's First $4 Trillion Public Company

Nvidia has flown past Microsoft and Apple to hit a record $4 trillion in market value, the latest sign of the AI boom. On Wednesday morning, the AI chipmaker became the world's first company to be worth $4 trillion, ahead of the previous $3.9 trillion market value record set by Apple in December. (Though it has come down from its $4 trillion high, its share price was $163.25 for a market cap of $3.97 trillion at the time of writing.) Nvidia shares soared by as much as 2.5% on Wednesday to an intraday high of $164.42. Related: Nvidia CEO Jensen Huang Will Make Nearly $1 Billion This Year Just from Selling Stock Tech analyst Dan Ives posted on X on Wednesday that Nvidia reaching a $4 trillion market cap, even momentarily, marked a "huge historical moment for [the] U.S. tech sector." In a research note last month, Ives wrote, "There is one company in the world that is the foundation for the AI Revolution and that is Nvidia." Nvidia's record market value is due to its unique position as the leading provider of AI chips; the company commands 70% to 95% of the market. Tech giants, including Meta, Microsoft, and Amazon, are using Nvidia's chips to power their AI offerings (and spending billions of dollars in the process). Nvidia's revenue has skyrocketed in response. In a recent May earnings report for the first quarter of the year, Nvidia recorded that quarterly revenue was $44.1 billion, up 69% from a year ago and ahead of Wall Street expectations. Nvidia expects another $45 billion in revenue in the current quarter. "Global demand for Nvidia's AI infrastructure is incredibly strong," Nvidia CEO Jensen Huang said in a statement accompanying the earnings report. "Countries around the world are recognizing AI as essential infrastructure -- just like electricity and the internet -- and Nvidia stands at the center of this profound transformation." Nvidia first surpassed Microsoft in mid-June as the most valuable public company in the world, a position it still holds. In April, Nvidia announced plans to build AI chips and supercomputers in the U.S. for the first time.

Nvidia's Market Cap Hit $4 Trillion for the First Time Today

Mrinalini Krishna is the Senior Editor of investing news at Investopedia. She's been a journalist for more than 10 years covering business, personal finance, and investing news. The chip giant on Wednesday morning became the first company to see its market capitalization touch $4 trillion, rising above that level when its shares reached $163.93 in early trading. (Market cap markers are sometimes considered "official" only if the shares close above the needed level.) The stock, which rose above $164 during the session, finished up 1.8% to $162.88, back below the "magic number" touched earlier but nevertheless a record close. Today marked the latest milestone for one of the biggest stock stories of recent years. Nvidia (NVDA) and its shares have effectively become poster children for the AI boom, with the stock being one of the main beneficiaries. The company, which first hit the public markets in 1999, saw its market value hit both $2 trillion and then $3 trillion last year after first reaching $1 trillion in 2023. Wall Street generally believes Nvidia's shares can keep rising. The mean price target as tracked by Visible Alpha is currently $174, with the range running from $200 to $145; nearly all of the analysts the service follows have "buy" ratings on Nvidia. Two other big tech companies -- Microsoft (MSFT) and Apple (AAPL) -- have market caps above $3 trillion. Read Investopedia's full coverage of today's trading here. (You can read our definition of what market cap is and how to calculate it yourself here.) "We believe Microsoft will also hit the $4 trillion market cap club this summer and then over the next 18 months the focus will be on the $5 trillion club," Wedbush analyst Dan Ives wrote Wednesday. "This tech bull market is still early being led by the AI Revolution." Shares of Nvidia have risen more than 20% in the past 12 months and more than 1,400% in the past 5 years.

Nvidia becomes first company to clinch $4 trillion in market value - The Economic Times

Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company in the world to reach the milestone. Nvidia reached a market capitalisation of $4 trillion for the first time on Wednesday, solidifying its position as one of Wall Street's most-favored stocks to tap in the ongoing surge in demand for artificial intelligence (AI) technologies. Shares of the leading designer of high-end AI chips advanced as much as 2.4% to $164, making it the first public company in the world to reach the milestone.

Nvidia becomes first company to clinch $4 trillion in market cap

Nvidia notched a market capitalisation of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. The stock's recent rally comes despite a sluggish start to the year, when the emergence of a Chinese discount artificial intelligence model developed by DeepSeek shook confidence in stocks linked to the sector. Nvidia achieved a $1 trillion market value for the first time in June 2023 and tripled it in about a year, faster than Apple and Microsoft, the only other U.S. firms with a market value of more than $3 trillion. Microsoft is the second biggest U.S. company, with a market capitalization of $3.75 trillion. Its shares were last up 1.3% at $503. Nvidia has rebounded about 74% from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley. Optimism around trade partners reaching deals with the US have lifted stocks of late, with the S&P 500 hitting an all-time high. Nvidia holds a 7.3% weight on the S&P 500, the biggest on the index. Other tech behemoths, Apple and Microsoft, account for around 7% and 6%, respectively. The company is worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data, and exceeds the total value of all publicly listed companies in the UK. Its stock trade at a 12-month forward price-to-earnings ratio of 32, below its three-year average of 37, according to data compiled by LSEG. Nvidia's soaring market value highlights Wall Street's confidence in the rapid growth of artificial intelligence, with the company's chips forming the backbone of this technological advance. It reported a total revenue of $44.1 billion in the first quarter, marking a 69% jump from a year ago along with a profit of 81 cents a share. For the second quarter, Nvidia expects revenue of $45 billion, plus or minus 2%. It will report second-quarter results on August 27. Including the session's gains, Nvidia is up more than 22% this year compared to a nearly 15% rise in the Philadelphia SE Semiconductor Index.

Jensen Huang-led Nvidia shocks Wall Street: Becomes world's first $4 trillion company, beating Apple and Microsoft

Nvidia becomes world's first $4 trillion company, marking a historic milestone in the AI-driven tech race. Surging 2.5% in stock value, Nvidia outpaced Apple and Microsoft to claim the top global spot. Fueled by skyrocketing demand for AI chips powering platforms like Microsoft, Google, and Amazon, the chipmaker reported $44.1 billion in revenue last quarter. Despite export restrictions and challenges from Chinese rivals, Nvidia has rallied 74% since April. CEO Jensen Huang sees global AI expansion just beginning. With future projections hitting $6 trillion, Nvidia remains at the center of the AI revolution, reshaping the world's industries, infrastructure, and innovation.

Nvidia at $4 trillion m-cap! Chip titan just 5% away from surpassing India's GDP

Fueled by the AI boom, Nvidia surged nearly 3% on the Nasdaq on Wednesday, reaching a 52-week high and crossing the coveted market milestone. US chipmaker Nvidia Corporation, the first company to reach a $4 trillion market valuation, is now so large that a mere 5% rise in its stock price would make it more valuable than the entire Indian economy. The IMF has estimated India's GDP at $4.2 trillion and expects it to touch $4.27 trillion by the end of 2025. Riding on the AI boom, Nvidia on Wednesday crossed the coveted milestone as its shares shot up nearly 3% on Nasdaq to hit their 52-week high. The stock has rallied over 24% in the last one year and 18% in 2025, so far outperforming the Nasdaq Composite. The latter's returns are at 11% and 6.5% in respective time frames. The Wednesday rally came after Nvidia-backed Perplexity AI announced the launch of Comet, a new web browser with AI-powered search capabilities. The Jensen Huang-founded startup looks to challenge the dominance of market leader Alphabet's Google Chrome. The launch marks Perplexity AI's entry into the competitive browser market, aiming to replace traditional navigation with agentic AI that can think, act, and decide on behalf of users, a Reuters report said. Citing StatCounter, the report claimed that Google Chrome held a commanding 68% share of the global browser market in June, cementing its position as the world's most widely used browser, far ahead of Safari, Microsoft Edge, and Firefox. Nvidia is ahead of its top rivals, Microsoft and Apple, whose M-caps $3.7 trillion and $3.1 trillion, respectively. Backed by other high-profile names like Jeff Bezos and SoftBank, Comet enables users to ask questions, perform tasks, and conduct research in a single, unified interface. The browser integrates a built-in assistant that can compare products, summarize content, book meetings, and transform complex workflows into simple, conversational experiences. Major indices on Wall Street were trading positively. While DOW 30 was hovering at 44,328.20, up by 87.45 points or 0.20%, S&P 500 gained 19.40 points or 0.31% to trade at 6,244.92. The Nasdaq Composite was at 20,538.10, rising by 119.64 points or 0.59%. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Nvidia's $4 trillion milestone caps rise of stock market behemoth

Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P 500. NEW YORK -The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P 500. The company's market value hit $4 trillion in morning trading on Wednesday, about 13 months after it had first reached the $3 trillion milestone. Nvidia's stock surge has given it significant weight in key equity indexes and ETFs that are more heavily influenced by companies with the biggest market values. At around 7.5%, Nvidia has the biggest weight in the S&P 500, which is widely viewed by investors as the benchmark for the U.S. stock market. The stock has an even greater presence in more tech-heavy measures, such as the popular Invesco QQQ Trust ETF and the Philadelphia SE Semiconductor Index. Its influence is less significant in the Dow Jones Industrial Average, which is weighted by stock prices as opposed to market values. Nvidia may soon have company in the exclusive $4 trillion club. Microsoft's market value was hovering around $3.7 trillion on Wednesday. Apple ranks third at about $3.1 trillion. Their massive market values also illustrate the hefty influence of tech and tech-related companies. The top seven S&P 500 weights, which also include Amazon.com, Alphabet, Meta Platforms and Broadcom, comprise about one-third of the index. Nvidia's gains also point to the increasing presence of the overall technology sector, which is by far the largest sector in the S&P 500. The tech sector's market value has grown to one-third of S&P 500 market value, nearly reaching the proportion that the sector hit during the height of the dot com bubble in 2000. Other tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle, up 40%, and Palantir, up 88%.

Nvidia's rise to $4 trillion: A timeline of its market capitalisation - The Economic Times

Nvidia's initial focus was on developing GPUs for video gaming and graphics-intensive applications. Through the 1990s, it developed multiple series of graphics processors, which won the company strong word of mouth. It led to Nvidia winning a contract to develop hardware for Microsoft's gaming console, Xbox.Nvidia was founded in 1993 as a manufacturer of graphics processing units (GPUs) for gaming by Jensen Huang, Chris Malachowsky, and Curtis Priem in Santa Clara, California. The company made history on July 9 when its market capitalisation crossed $4 trillion, the first public company in the world to do so. This reflects Wall Street's stamp of approval for all things AI, for which the company's advanced chips are crucial. Nvidia's initial focus was on developing GPUs for video gaming and graphics-intensive applications. Through the 1990s, it developed multiple series of graphics processors, which won the company strong word of mouth. It led to Nvidia winning a contract to develop hardware for Microsoft's gaming console, Xbox. In the next decade, the company expanded beyond gaming and started working with NASA to develop graphics for its Mars simulation. It also started supplying chips to Audi's cars. With the 2010s came early applications of AI. The surge in AI and machine learning applications throughout the decade, and later, when OpenAI launched ChatGPT in 2022, was powered by Nvidia GPUs. This dramatically boosted Nvidia's valuation, with the company's market cap tripling from $1 trillion to $4 trillion in just over two years. Market capitalisation through the years 1999 (IPO year): The company's market cap is at $563 million the year it goes public. 2013: After steady growth through the 2000s, the company crosses the $10 billion mark. 2017: Nvidia crosses the $100 billion mark after early AI starts gathering pace. 2020: A major surge begins, at a speed unmatched by other Big Tech companies. This is driven by Nvidia's play in GPUs for AI and data centres. 2023: Nvidia first reaches $1 trillion in market value in June 2023. 2024: The company surpasses Microsoft and Apple, crossing the $3-trillion mark and becoming the most valuable company in the world.

Nvidia Beats Microsoft To Become First Company To Hit $4T Market Cap

The AI infrastructure giant hit the milestone as it continued to defy concerns that the rise of efficient AI models like DeepSeek-R1 will undercut demand for its GPUs, with Nvidia CEO Jensen Huang claiming that such models will fuel significantly greater demand. Nvidia Wednesday became the first company to hit a $4 trillion market capitalization. The AI infrastructure giant achieved the milestone after its share price grew 2.4 percent to $164, according to Reuters, making it the world's most valuable company once again. Its stock price has risen approximately 18 percent since the beginning of the year. [Related: Analysis: Nvidia Vs. Intel Vs. AMD Q1 Earnings Face-Off] At the time of Nvidia reaching the sky-high market cap Wednesday morning, Microsoft had the second largest at roughly $3.7 billion and Apple had the third largest at $3.1 billion. Santa Clara, Calif.-based Nvidia exceeded $3 trillion in market cap for the first time last June and weeks later surpassed Microsoft to become the world's most valuable company for the first time. It hit the No. 1 spot at least two more times last year. Nvidia hit the number as the company continues to report high demand for its GPUs and associated products in data centers for generative and agentic AI workloads. In its first quarter, Nvidia's revenue grew nearly 70 percent year over year to $44.1 billion despite a multibillion-dollar write-off that was caused by new U.S. export controls on the company's H20 GPUs being shipped into China. The company's data center segment delivered nearly 90 percent of its first-quarter revenue, thanks to the vendor growing revenue 10 percent sequentially and 73 percent year over year to $39 million for the category. Some 87 percent of the company's data center revenue came from compute products, with Blackwell-based products such as the Grace Blackwell Superchip that goes inside the GB200 NVL72 rack-scale platform helping drive a 5 percent sequentially and a 76 percent year-over-year increase for the sub-category. The rest of Nvidia's data center revenue came from networking products, which grew in sales by 64 percent sequentially and 56 percent year over year. The company attributed this sequential increase to the growth of the NVLink compute fabric underpinning its GB200 systems as well as Ethernet for AI offerings. The company has so far been able to defy concerns that the rise of efficient AI models like DeepSeek-R1 will undercut demand for its GPUs and associated componentry, with Nvidia CEO Jensen Huang claiming that such models will fuel significantly greater demand. "The amount of computation we need at this point as a result of agentic AI, as a result of reasoning, is easily 100 times more than we thought we needed this time last year," Huang said during his keynote at the company's GTC 2025 event. Huang made the assertion after claims in late January that DeepSeek, the Chinese company behind its eponymous R1 model, spent significantly less money than Western competitors such as OpenAI and Anthropic to develop its model fueled concerns that AI model developers would require fewer GPUs to train and run models. In explaining his position, Huang said reasoning models like DeepSeek-R1 and the agentic AI workloads they power will create a need for more powerful GPUs in greater quantities. That's because of how reasoning models have significantly increased the number of tokens -- or words and other kinds of characters -- used for queries as well as answers when compared with traditional large language models. To that end, Huang pointed to Nvidia's GB300 NVL72 rack-scale platform powered by its new Blackwell Ultra GPU as well as more powerful computing platforms coming out over the next two years as necessary for keeping up with the computational demands of reasoning models.

Nvidia Hits $4 Trillion Market Cap, Stock Surges To All-Time High - NVIDIA (NASDAQ:NVDA)

NVIDIA Corp NVDA shares continued their meteoric rise on Wednesday, as the stock surged to a new all-time high and propelled its market capitalization beyond the historic $4 trillion threshold. Here's what investors need to know. What To Know: Wednesday's rally follows a pivotal announcement that has quelled market uncertainty. On Monday, key customer OpenAI publicly reaffirmed its commitment to using Nvidia's AI chips at scale, dispelling rumors of a potential shift to Google's competing hardware. This endorsement helps solidify Nvidia's position as the foundational hardware provider for the world's leading AI models. Further bolstering sentiment is the passing of the "Big Beautiful Bill," which aims to increase the U.S. semiconductor investment tax credit, and news that key supplier TSMC is accelerating its American expansion, shoring up Nvidia's supply chain. Despite the bullish momentum, the company is still navigating persistent geopolitical headwinds. The U.S. government is reportedly drafting new rules to restrict AI chip exports to China through intermediary countries like Malaysia and Thailand, expanding on existing controls that have previously impacted Nvidia's revenue projections. Last week, investor anticipation was fueled by a Morgan Stanley note citing "very strong demand for all Blackwell form factors" and new partnerships in Europe offsetting weaker sales in China. The optimism was compounded as competitive threats from rivals appeared to fade, with reports of Microsoft facing delays in its own chip development and OpenAI confirming it would not scale back its use of Nvidia hardware. Despite its astronomical rise, Nvidia's valuation remains reasonable, with a forward P/E ratio comparable to industry peers. Benzinga Edge Rankings: Based on the provided Benzinga Edge rankings, NVDA shows exceptional strength in Growth with a score of 98.59, and very strong Momentum at 76.28. These high scores suggest the stock has demonstrated powerful upward price movement and is backed by significant growth indicators. However, its Value score is notably low at 6.94, which indicates that the stock may be considered overvalued compared to its peers or intrinsic worth. Price Action: According to data from Benzinga Pro, NVDA shares are trading higher by 1.67% to $162.66 Wednesday morning. The stock has a 52-week high of $164.42 and a 52-week low of $86.63. Read Also: Nvidia Is The Star -- But Broadcom Is The AI Boom's Best-Kept Secret How To Buy NVDA Stock By now you're likely curious about how to participate in the market for NVIDIA - be it to purchase shares, or even attempt to bet against the company. Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy "fractional shares," which allows you to own portions of stock without buying an entire share. In the case of NVIDIA, which is trading at $162.66 as of publishing time, $100 would buy you 0.61 shares of stock. If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to "go short" a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading - either way it allows you to profit off of the share price decline. Image: Shutterstock NVDANVIDIA Corp$162.851.78%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum76.28Growth98.59QualityN/AValue6.94Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

AI giant Nvidia becomes first company to reach $4 trillion milestone

Nvidia became the first company to reach $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet that artificial intelligence will transform the economy. Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold. "The market has an incredible certainty that AI is the future," said Steve Sosnick of Interactive Brokers. "Nvidia is certainly the company most positioned to benefit from that gold rush." Nvidia, led by electrical engineer Jensen Huang, now has a market value greater than the gross domestic product of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation. The California chip company's latest surge is helping drive a recovery in the broader stock market, as Nvidia itself outperforms major indices. Part of this is due to relief that U.S. President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April. Even as Trump announced new tariffs in recent days, U.S. stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday. "You've seen the markets walk us back from a worst-case scenario in terms of tariffs," said Angelo Zino, technology analyst at CFRA Research. While Nvidia still faces U.S. export controls to China as well as broader tariff uncertainty, the company's deal to build AI infrastructure in Saudi Arabia during a Trump state visit in May showed a potential upside in the U.S. president's trade policy. "We've seen the administration using Nvidia chips as a bargaining chip," Zino said. Nvidia's surge to $4 trillion marks a new benchmark in a fairly consistent rise over the last two years as AI enthusiasm has built. In 2025 so far, the company's shares have risen more than 21%, whereas the Nasdaq has gained 6.7%. Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics and other cutting-edge domains. The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is "real-time digital twins," significantly speeding production development time in manufacturing, aerospace and myriad other sectors. However, Nvidia's winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths. Nvidia's lost some $600 billion in market valuation in a single session during this period. Huang has welcomed DeepSeek's presence, while arguing against U.S. export constraints. In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from U.S. export controls limiting sales of cutting-edge technology to China. The first-quarter earnings period also revealed that momentum for AI remained strong. Many of the biggest tech companies -- Microsoft, Google, Amazon and Meta -- are jostling to come out on top in the multi-billion-dollar AI race. A recent UBS survey of technology executives showed Nvidia widening its lead over rivals. Zino said Nvidia's latest surge reflected a fuller understanding of DeepSeek, which has ultimately stimulated investment in complex reasoning models but not threatened Nvidia's business. Nvidia is at the forefront of "AI agents," the current focus in generative AI in which machines are able to reason and infer more than in the past, he said. "Overall the demand landscape has improved for 2026 for these more complex reasoning models," Zino said. But the speedy growth of AI will also be a source of disruption. Executives at Ford, JPMorgan Chase and Amazon are among those who have begun to say the "quiet part out loud," according to a Wall Street Journal report recounting recent public acknowledgment of white-collar job loss due to AI. Shares of Nvidia closed the day at $162.88, up 1.8%, finishing at just under $4 trillion in market value.

Nvidia becomes the first company in the world to reach a value of $4 trillion

It might seem like news more suited to a financial media, but its impact on the tech world makes it hard to dodge. Nvidia today reached $4 trillion in stock price, becoming the first company to do so, and widening its lead as the world's most valuable company. Its main competitors and pursuers, Apple and Microsoft, are still trading at around $3 trillion (not bad, in our opinion). Nvidia has achieved the milestone by consolidating its investments in artificial intelligence, where they continue to lead the way. According to NASDAQ live data, Nvidia shares are currently trading at $162.83 apiece. An increase in value since the beginning of 2025 of 20%. To give you an idea of Nvidia's meteoric rise in the markets, the company reached the two billion mark in February 2024, and as of 10 July 2025, it has doubled that value. Do you think Nvidia's hegemony will continue to be sustained in AI, or will it take advantage of this to move into other internal development divisions such as hardware and computer components?

NVIDIA's AI Chips Are "The New Gold And Oil," Says Investment Bank As Firm Briefly Crosses $4 Trillion Market Value

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. AI GPU designer NVIDIA Corporation made history today by becoming the first company in history to cross a $4 trillion market capitalization before slightly dipping below it. NVIDIA's achievement follows a surge in its shares in June after a massive crash in January that saw the firm bleed $600 billion in market capitalization after investors fed the shares, worrying that China's DeepSeek had demonstrated cost-effective GPU use that could cull the demand for NVIDIA's GPUs. June was a strong month for NVIDIA's shares as they benefited from bullish analyst estimates for medium-term AI demand. NVIDIA continues to enjoy a dominant role in the AI ecosystem courtesy of its GPUs, which lead the market in terms of performance and are among the most highly sought products in the world. The criticality of NVIIDA's GPUs was evident in a fresh note from Wedbush, which came just as the firm crossed the $4 trillion market capitalization milestone. Calling NVIDIA's AI chips "the new gold and oil," the investment bank posits that $4 trillion is just the start and investor attention will focus on $5 trillion over the next 18 months. Wedbush adds that NVIDIA might not be the only $4 trillion company, as it might be joined by software giant Microsoft. NVIDIA's shares have stayed resilient despite US sanctions on China, which have hurt the firm's revenue. The robust performance is partly due to CEO Jensen Huang pivoting to sovereign AI after the Chinese restrictions to assure investors that NVIDIA can sell its chips to other countries as well. Like NVIDIA, Microsoft's shares were also laggards at the year's start. The stock had struggled since mid-2024 after investors were left wondering whether the software company could adequately monetize its AI cloud computing offerings. However, Microsoft's latest earnings report shifted the narrative, as 33% Azure growth during its fiscal third quarter ended up allaying investor concerns. "We believe Microsoft will also hit the $4 trillion market cap club this summer and then over the next 18 months the focus will be on the $5 trillion club," said Wedbush as it believes that the AI-led stock market growth is still in its nascent stages. Going all-in on AI, the investment bank shares that "it represents the biggest tech transformation in over 40 years" and adds "that for every $1 spent on Nvidia, there is an $8-$10 multiplier across the rest of the tech ecosystem." While Wedbush's note focuses primarily on enterprise AI, the bank briefly mentions that Alphabet, Amazon and Meta are its favorite players in consumer AI. Notably missing is Apple, whose 13% year-to-date share price drop is partly due to investor belief that the firm has fallen behind big tech when it comes to AI. The bank concludes its note by sharing that it is seeing "many IT departments focused on foundational hyper scale deployments for AI around Microsoft, Amazon, and Google with a laser focused on the software driven use cases currently underway as high priority AI use cases have been identified and now being driven/accelerated across a myriad of verticals."

Nvidia Reaches the $4 Trillion Mark. Can It Hit $5 Trillion in 2025? | The Motley Fool

Nvidia (NVDA 1.86%) hit a record-setting milestone on Wednesday, July 9, becoming the first publicly traded company to reach $4 trillion in market capitalization. The semiconductor company briefly reached the landmark as Nvidia stock rose more than 2% in early trading. The market cap moved down to $3.97 trillion by mid-afternoon. Let's put the achievement into perspective. There are only 10 companies in the world that have a market capitalization of more than $1 trillion, and Nvidia has surpassed them all in such a relatively short time. Nvidia itself was valued at less than $1 trillion just over 25 months ago. What comes next? Does Nvidia seem like a lock to one day reach a $5 trillion market cap? Will investors see that happening in 2025? If you're into personal computers, you've known about Nvidia for a while. Its graphics processing units (GPUs) were best known for years as the go-to product for gamers who wanted the best visual experience. Its products also got pulled into the growing interest in cryptocurrencies back in the late 2010s because they could be modified to help power the best cryptocurrency mining operations. But it wasn't until late 2022 and early 2023, when generative artificial intelligence (AI) entered the public realm, that Nvidia stock exploded. Nvidia's GPUs are parallel processing chips, which means they can handle complex calculations that can be divided into smaller tasks and handled simultaneously. AI calculations are performed in parallel processors, and Nvidia's GPUs can be combined into clusters to work faster and be more powerful. That's how the company came to dominate the AI space, as its GPUs account for roughly 92% of the market space, according to Jon Peddie Research. Nvidia reached the $1 trillion mark on May 30, 2023, and the stock skyrocketed 239% for the year. Then in 2024, growth continued as Nvidia hit the $2 trillion mark on Feb. 23, 2024, and the $3 trillion mark less than four months later on June 5, 2024. For the full year, Nvidia stock rose 171% in 2024. That brings us to now. It took a little more than a year for Nvidia's market cap to go from $3 trillion to $4 trillion, as the stock rose by 20% in that period. The best thing that Nvidia has going for it is that its GPUs are still flying off the shelves. CEO Jensen Huang said the company is seeing massive demand for its new Blackwell chips, which are 40 times more powerful than the popular Hopper chips. Nvidia also sees a massive opportunity in the AI market as companies work to build out their data centers to train large language models (LLMs) to power generative AI products. The company has projected data center capital expenditures to increase from $400 billion in 2024 to more than $1 trillion in 2028 -- and Nvidia, as mentioned before, is very likely to get the lion's share of that business. In addition, Nvidia's CUDA software platform is a huge advantage because it provides tools for developers working on AI models that are powered by Nvidia GPUs. It would be very expensive for any developer to switch to another platform, so Nvidia has a customer base that's locked in for years to come. Now let's look at the numbers. To get to a $5 trillion valuation, the Nvidia stock price would need to go up another 25% by the end of the year -- to roughly $205 per share. Barclays analysts already have a price target of $200 for Nvidia, so it's not out of the question. Also, consider that the consensus analyst estimate for full-year earnings per share is $4.29, which is a 66% increase from full-year earnings in the company's fiscal 2025 (which ended Jan. 26). That's more than enough to get to the magic number. And if Nvidia, which saw revenue growth up 69% year over year in the first quarter of fiscal 2026 (ended April 27, 2025), can pull a similar number for the Q2 earnings report on Aug. 27, the timeline to get to $5 trillion could shorten to late this year. It seems nearly certain that Nvidia will be a $5 trillion company, sooner rather than later. That's why I call Nvidia the one stock I would buy and hold forever. We probably won't see the $5 trillion mark until sometime in early 2026, but the August earnings report could make everyone readjust their thinking.

Stock Market Today: Nvidia Sets New Standard, Closes Above $4 Trillion Mark

Nvidia (NVDA 0.75%) shares climbed 0.7% on Thursday, July 10, to close at $164.10, outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization threshold at the close of trading. The stock traded between $161.63 and $164.49 throughout the session, and the close above $4 trillion added to its position as the largest public company globally. The S&P 500 and Dow Jones Industrial Average also finished in positive territory, gaining 0.27% and 0.43% respectively. Nvidia's competitors posted stronger gains, with Advanced Micro Devices (AMD 4.10%) surging 4.2% to $144.16 following an HSBC analyst upgrading its rating to "buy" with a $200 price target based on strong momentum for its MI350 AI GPUs. Intel (INTC 1.49%) shares rose 1.62% to $23.82, extending gains after a Citigroup price target increase and investor optimism around the company's restructuring efforts. Nvidia traded on lighter-than-normal volume, with approximately 166 million shares changing hands compared to its 50-day average of about 215 million shares. The stock continues to show technical strength, trading above both its 50-day ($138.40) and 200-day ($130.92) moving averages. Recent positive catalysts include OpenAI reaffirming its preference for Nvidia GPUs and reports of the company developing China-compliant Blackwell-based AI chips to navigate export controls. Goldman Sachs analysts initiated coverage with a "buy" rating and $185 price target, citing Nvidia's sustained leadership in AI compute.

Nvidia Makes History as the First $4 Trillion Company. Will It Reach $5 Trillion? | The Motley Fool

On July 9, Nvidia (NVDA 0.53%) made history by briefly becoming the world's first company to reach a market capitalization of $4 trillion. On July 10, Nvidia closed the day above a $4 trillion market cap. No other company has done this before, marking a huge milestone for both Nvidia and the market. It also underscores how bullish the market is about AI buildout, as Nvidia is heavily tied to this trend. So, is the $4 trillion a ceiling for the stock? Or is there more room to run? Let's take a look and see if Nvidia could be headed to the next mark: $5 trillion. Nvidia's rise to a $4 trillion market cap has been nothing short of incredible, especially considering that it eclipsed the $1 trillion mark for the first time in company history a mere two years ago. It's also the first company not named Apple to break various trillion-dollar valuation points. Apple was the first to reach $1 trillion, $2 trillion, and $3 trillion marks. With Nvidia reaching $4 trillion first, it's a monumental occasion. However, these thresholds will continue to be broken at a quicker pace, as the rise from $4 trillion to $5 trillion is only 25%, compared to the 33% needed to rise from $3 trillion to $4 trillion. So, Nvidia's pursuit of the $5 trillion mark may not take long, especially considering the company's rapid growth rate. The demand for Nvidia's graphics processing units (GPUs) has been unprecedented. GPUs have become the computing unit of choice for many AI hyperscalers due to their flexibility, performance, and the best-in-class software that helps operate them. For future growth, there are two primary drivers. First, the AI hyperscalers have announced record data center capital expenditures for this year. This supports a third-party projection that Nvidia cited during its 2025 GTC event, stating that global data center capital expenditures will rise from $400 billion in 2024 to $1 trillion by 2028. Data centers typically take more than a year to build, so next year's total will likely surpass the record capital expenditures announced, as this is a multi-year process. Should that projection come true, Nvidia will be slated to deliver monster growth for the next few years. Second, the installed base of GPUs is rapidly aging. These GPUs run constantly and quickly burn out due to overuse. While it's challenging to determine an exact lifespan, most estimates range from one to three years, with some estimates reaching up to about five years. This means that the GPUs installed during the initial rush are starting to age out and need to be replaced. If we still need the computing power provided by these GPUs, then Nvidia will continue to generate replacement revenue over the next few years, further amplifying its growth alongside new demand. There is still a huge growth case for Nvidia, which is why I'm not selling my shares. However, the stock is starting to get a bit pricey. At 38 times forward earnings, Nvidia's stock is far from cheap, but it also has massive growth on the horizon. For FY 2027 (which encompasses most of 2026), Wall Street analysts expect approximately 26% revenue growth. That's an impressive amount, but is it enough to justify nearly a 40 times forward earnings multiple? I think that's a borderline valuation for its growth. But if the data center buildout projection turns out to be true, then the price you pay for Nvidia's stock today may look cheap years down the road. If the true buildout price tag comes in a bit lower, then this might be an expensive price to pay for Nvidia. Nvidia is still an excellent stock to own, but it comes with an expensive price tag, and investors must understand the associated risk. I believe the risk-reward profile remains favorable, which is why I'm confident in purchasing Nvidia's shares today despite its new $4 trillion milestone.

Prediction: Nvidia Can Hit a $5 Trillion Market Cap This Year | The Motley Fool

Nvidia (NVDA 0.53%) isn't just leading the artificial intelligence (AI) infrastructure boom: It is the boom. Its graphics processing units (GPUs) have become the backbone of AI data centers, while its CUDA software has helped create a huge moat around its business. Over the past two years, data center revenue has exploded by more than 9x, going from $4.3 billion to $39.1 billion. For a company of Nvidia's size, that kind of growth is almost unheard of. That momentum has pushed Nvidia past the $4 trillion market cap mark, which is an extraordinary accomplishment. It's also done it quickly, jumping from $1 trillion to $4 trillion in just over a year. At this point, I think predicting that the company will hit $5 trillion by year-end isn't much of a stretch. It's only about a 25% gain from here, and the setup remains strong. Nvidia's valuation is still reasonable. While its forward price-to-earnings (P/E) ratio has crept up to 38 times based on this year's analyst estimates, its forward price/earnings-to-growth (PEG) ratio is just more than 0.8, with PEGs below 1 signaling a stock is undervalued. Meanwhile, investors will soon start to turn to 2026 estimates when looking at valuations, and the stock trades at only a 28.5 P/E ratio and less than a 0.8 PEG on next year's analyst consensus. A 25% increase in Nvidia's stock price is getting you to around a 35.5 times P/E and a 1 PEG, which would still be reasonable. Nvidia's biggest advantage comes from its CUDA software platform. GPUs were originally designed to speed up graphics rendering in video games. However, Nvidia saw a bigger opportunity and built CUDA as a way to let developers program its chips for other purposes. Although GPU usage for other tasks didn't take off immediately, Nvidia smartly pushed CUDA into universities and research labs, which is where early AI work began. That long-term bet eventually paid off in a big way. CUDA became the platform that developers learned to program GPUs on, and the more it was used, the more tools were built for it. That network effect helped Nvidia extend its lead, and last quarter it captured a 92% market share in GPUs, largely due to CUDA. AMD's ROCm software platform has improved, but it's still miles behind in terms of ease of use, documentation, and developer support. Nvidia's core market remains AI training and inference, and the demand for its chips shows no signs of easing. Companies are spending aggressively to build out large language models, while cloud computing companies and other hyperscalers (companies with massive data centers) are racing to scale out their infrastructure. Nvidia, meanwhile, is the company powering this buildout. Nvidia's CEO Jensen Huang has predicted that data center spending tied to AI will exceed $1 trillion by 2028. Not all of that will go to Nvidia, but given its leadership in GPUs, the company is well positioned to take a big piece. It also continues to innovate at a rapid pace. Its chip release cycle has sped up, with new architectures set to be introduced every year instead of every two. That should help lock in its lead and keep it ahead of rivals. Even if data center growth slows from here -- and at some point it will -- Nvidia still has more levers to pull. Data centers aren't its only growth engine. The company's auto business is gaining traction. Last quarter, auto revenue surged 72% to $567 million. That's a fraction of its data center business, but Nvidia expects it to hit $5 billion this year. The ramp-up in the auto sector is coming from robotaxis and smart vehicles. Alphabet's Waymo uses Nvidia chips in its robotaxi fleet, and it's now running more than 250,000 paid rides per week. That's just the start. Mercedes, Toyota, and Volvo are all using Nvidia's DRIVE platform for advanced driver assistance and autonomy. General Motors and Hyundai, meanwhile, are using Nvidia technology in their smart factory initiative. Nvidia projected in 2022 that its auto opportunity could reach $300 billion. Given the advancements in autonomous driving, that number doesn't look farfetched. With the stock already hitting a $4 trillion market cap, a move to $5 trillion is well within reach. That's a solid 25% return from current levels, which would still make the stock a buy. As long as AI infrastructure spending continues to ramp up, Nvidia is a stock you want to own.

Nvidia Becomes First Company Ever to Reach $4 Trillion Market Cap. Could the Growth Stock Have Even More Room to Run? | The Motley Fool

On the morning of July 9, Nvidia (NVDA 0.53%) became the first company to surpass $4 trillion in market cap -- an achievement still out of reach for tech giants Microsoft and Apple. The accomplishment is even more impressive considering it has been just two years since Nvidia passed $1 trillion in market cap. Apple and Amazon reached $1 trillion in 2018 and Microsoft followed suit in 2019. Here's why Nvidia has emerged as the most valuable company in the world, why real results support the narrative, and why the growth stock could have more room to run for patient investors. The simplest reason as to why Nvidia is up nearly 15-fold in just five years is that the company's business model has transformed from being largely dependent on end markets like gaming and professional visualization (digital content and computer-aided design) to selling graphics processing units (GPUs) for high-performance computing and cloud infrastructure. Artificial intelligence (AI) workloads are demanding more from data centers. Central processing units (CPUs) are ideally suited for processing sequential tasks, like basic calculations and internet browsing. GPUs are better at parallel processing, which involves handling massive amounts of information from large datasets and achieving higher throughput. GPUs have become the backbone of training AI models, so cloud computing hyperscalers are investing substantial capital expenditures in purchasing GPUs. In addition to the hardware, Nvidia develops software and associated infrastructure, providing an AI ecosystem for data centers. Nvidia's Compute Unified Device Architecture (CUDA) software platform, high-speed interconnects and switching chips, storage solutions, and cooling systems are examples of products and services that complement its GPUs. All together, these solutions combine to form what Nvidia calls AI factories, which are specialized data centers purpose-built for AI rather than traditional computing tasks. In a figurative sense, Nvidia is a steelmaker at the dawn of the age of skyscrapers. Data center construction evolved from wood, stone, and bricks to concrete and steel. And Nvidia is the top supplier in town, designing extremely complex GPUs and AI systems. Since Nvidia has little competition and its products are in high demand, it can afford to charge a premium price that its hyperscale customers, with deep pockets, are more than willing to pay, as they have the cash to spend. Top Nvidia customers, like Microsoft Cloud, Amazon Web Services, Alphabet's Google Cloud, and Meta Platforms, have impeccable balance sheets and high margins. So they can afford to pay top dollar for Nvidia's AI solutions. Nvidia's impeccable results come from rising AI demand and the company's ability to convert such a massive amount of its revenue into earnings. In fact, Nvidia converts more than $0.50 of every dollar in revenue into net profit. Nvidia's stock price has surged because its margins have remained high while it has grown revenue exponentially. Nvidia not only has the largest market cap of any company in the world, but it also generates the fourth-most net income -- behind only Alphabet, Apple, and Microsoft. So while the stock isn't as inexpensive as some of its peers, Nvidia isn't purely valued on future results. The company is already making a ton of money. Its growth could slow, but it will still likely grow its net income faster than Alphabet, Apple, and Microsoft, becoming the most profitable company in the world in the next few years. Nvidia's results speak for themselves, but the future is largely dependent on sustained AI spending from key Nvidia customers. Nvidia's top customers need to prove to their investors that spending on AI is leading to measurable results. Meaningful earnings growth must follow high capital expenditures, or there may be pressure to pull back on spending. In other words, Nvidia is selling the picks and shovels, but its customers must continue striking gold or they will no longer need its tools. Investors should only approach the stock if they have a high risk tolerance, a long-term investment horizon, and are willing to endure potential fluctuations in the company's results. It wouldn't be surprising to see an eventual cooldown in AI spending once hyperscalers complete their foundational buildouts. It remains to be seen how Nvidia will perform once the market matures and if competition eventually catches up. But for now, the company is well positioned to maintain its lead over the competition because it can pour cash generated from the business into research and development for new technologies. Given its inherent advantages, it would take nothing short of a breakthrough for a competitor to take a meaningful slice out of Nvidia's AI market share pie. With a 37.9 forward price-to-earnings ratio, at the time of this writing, Nvidia isn't the dirt cheap no-brainer buy it once was, but it is still a fair value for investors who believe in at least modest AI growth over time. Nvidia is a good example of a company that looks overvalued if you just glance at the stock's price action, but is actually more reasonably valued once you account for the strength of the underlying business and the clear runway for future earnings growth.

It's Official -- Nvidia Hit a $4 Trillion Valuation. Here Is the Next "Magnificent Seven" Stock I Think Will Hit a Historical Milestone This Year. | The Motley Fool

Nvidia recently became the world's first $4 trillion company, but one of its megacap peers is knocking on the door of another impressive milestone. Nvidia recently became the first company in history to reach a market capitalization of $4 trillion. Although shares have retreated a bit, Nvidia still remains the most valuable company in the world as of this writing (July 10). While many of Nvidia's "Magnificent Seven" peers have massive upside, I see Meta Platforms (META -1.35%) as next in line to achieve a valuation milestone. With a market capitalization of $1.8 trillion, I think Meta will become the next $2 trillion company by year end. Let's explore how Meta is investing in artificial intelligence (AI) to supercharge its social media empire and tech wearables business. From there, I'll detail how much growth is needed from a valuation perspective in order for Meta to join the likes of Amazon and Alphabet in the $2 trillion club. The graph illustrates Meta's capital expenditure (capex) trends over the last several years. Throughout the AI revolution, Meta has poured billions into developing its own custom chipsets, building an internal large language model (LLM), and doubling down on wearable tech. Per management's guidance during the company's first-quarter earnings call, capex is expected to reach up to $72 billion this year -- nearly double what Meta spent last year. Two projects in particular that are worth pointing out include Meta's $14.3 billion investment in Scale AI, as well as the company's reported plans to plans to raise $29 billion for additional data center infrastructure. While the data center build-out is not yet set in stone, I see Meta's consideration of this build-out as a signal that the company intends to continue investing heavily in chips and other AI equipment to improve its existing infrastructure. Scale AI offers sophisticated data labeling processes that Meta can integrate into its own algorithms to better target advertisements. By improving its recommendation models through AI, Meta has the opportunity to increase user engagement across its various social media platforms -- Facebook, Instagram, and WhatsApp -- while concurrently lowering costs per click and user acquisition. These dynamics could lead to a lucrative combination of accelerated revenue and widening profit margins for Meta. In 2024, Meta generated revenue of $164 billion and earnings per share (EPS) of $23.86. This represented growth of 22% and 60%, respectively. The table illustrates Wall Street's consensus revenue and earnings estimates for Meta in 2025. With revenue and earnings figures forecast to grow by 15% and 7%, it may appear that Meta is headed for considerable deceleration. I don't quite see it that way, though. As I pointed out, Meta has been on an aggressive spending spree this year. Smart investors understand that it takes time for these types of investments to generate accretive financials for the company. Moreover, these trends show that Meta's price-to-earnings (P/E) and price-to-sales (P/S) ratios have largely been flat over the past 18 months or so. Only recently have each of these valuation multiples started to rise. As such, if Meta's P/E and P/S ratios expand by just 11% (reaching roughly 31 and 12, respectively), the company will achieve a $2 trillion valuation. I think this is reasonable, considering Meta's valuation multiples have been in this range before. Right now, I think these current trends shown could suggest that investors are pricing Meta stock with a degree of caution. The company is investing in several different projects at the moment, and it remains to be seen how much of an impact AI will contribute to Meta's core advertising and metaverse businesses. However, if Meta starts to show meaningful growth and while maintaining strong profitability throughout the second half of the year, the stock could be headed for a breakout. Regardless of whether Meta reaches the $2 trillion club this year, I still see the stock as a no-brainer. As I alluded to, the company is exploring a variety of areas to leverage AI to supercharge existing businesses, while also potentially identifying new sources of monetization. I am encouraged by the company's current capital allocation and am optimistic that AI will transform Meta's business for the better in the long run. To me, Meta stock looks reasonably priced, and I think the company is well-positioned for robust growth in the coming years. For these reasons, I see Meta stock as a compelling buy right now.

Nvidia Achieves Record $4 Trillion Market Capitalization | PYMNTS.com

The chip designer's market capitalization rose below that mark Wednesday (July 9), though it had dipped to $3.9 trillion by midafternoon. It is now the market's biggest company, ahead of Microsoft and its $3.73 trillion market cap. The news comes six days after Nvidia briefly became the world's largest company, with its market capitalization climbing as high as $3.92 trillion on July 3. As Reuters noted in a report on this more recent milestone, the company's shares jumped to a record high of $164, with Nvidia enjoying a continuing boom in demand for artificial intelligence (AI) technologies. The report also pointed out that this rally comes on the heels of a slower start to the year, after the rise of lower-cost Chinese AI model DeepSeek called into question some of the intense spending on American AI projects. "It started out as being a gaming chipmaker and then a crypto mining chipmaker and now as a chipmaker for artificial intelligence computing power," Art Hogan, chief market strategist at B Riley Wealth, said of Nvidia. "It is continuing to move forward and be a clear early winner of artificial intelligence." Nvidia crossed the $1 trillion market value threshold in June 2023, tripling that valuation in roughly a year. Microsoft and Apple are the only other American companies with a market value of more than $3 trillion. During an earnings call in late May, Nvidia CEO Jensen Huang said newly-adopted U.S. export controls had effectively "closed" the $50 billion Chinese market to companies in the U.S. But despite that setback, the CEO said, Nvidia is pushing ahead with AI infrastructure projects worldwide to address demand for AI workloads. "The company is doing so because demand for AI inference -- the AI workloads in which new data is applied to trained models to generate outputs -- is soaring," PYMNTS noted. "Other areas of growth include enterprise and industrial AI, and Nvidia has solutions for both." The company's shares had hit another record high in June, with reports at that time noting that in spite of the restrictions Nvidia faces in China, it also has big customers like Microsoft, Meta, Alphabet and Amazon that are aggressively building AI infrastructure.

The World's First $4 Trillion Company

You called it, and way ahead of time! In a Seeking Alpha survey from November 2024, WSB subscribers were polled on what would be the first U.S. company to reach a $4T market cap. Nvidia (NVDA) was chosen by a landslide, beating out the likes of Microsoft (MSFT), Apple (AAPL), and others. That forecast has finally been realized, with Nvidia hitting the milestone during the trading session on Wednesday. Backdrop: Nvidia was co-founded by CEO Jensen Huang back in 1993, when it was only a company popular among video gamers. Its high-performance graphic cards were later leveraged into mainstream computing and virtual reality, but shares really took off in November 2022, following the release of ChatGPT. Nvidia has gone on to shrug off concerns seen at the start of the year, when there was nervousness about the release of AI startup DeepSeek, as well as air coming out of the tech rally and export restrictions on advanced chips to China. Nvidia is the clear king of the AI revolution, powering the massive infrastructure buildout with its high-performing chips and AI hardware. Demand is not letting up anytime soon, given the Big Tech rivalry over the best large language models and initiatives like the Stargate Project that will drive America's AI footprint to new heights. It's been only "beat and raise" quarters for Nvidia with its massive earnings and revenues, giving this Wall Street heavyweight the dominance that should extend its growth story into the future. Putting it in perspective: Nvidia (NVDA) as a public company is now worth more than the stock markets of entire countries, like Canada, the U.K., France, and Germany. What's even more amazing is that Nvidia was a penny stock less than a decade ago. If you owned $1,000 worth of Nvidia shares in July 2015, those would now be worth $326,000. Check out the latest Nvidia articles on Seeking Alpha, including the just-published, Nvidia: $4 Trillion And Still Not Expensive, Here's Why.

Nvidia becomes world's first $4T company, topping Apple and Microsoft...

Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. The stock's recent rally comes despite a sluggish start to the year, when the emergence of a Chinese discount artificial intelligence model developed by DeepSeek shook confidence in stocks linked to the sector. Nvidia achieved a $1 trillion market value for the first time in June 2023 and tripled it in about a year, faster than Apple and Microsoft, the only other US firms with a market value of more than $3 trillion. Microsoft is the second biggest US company, with a market capitalization of $3.75 trillion. Its shares were last up 1.3% at $503. Nvidia has rebounded about 74% from its April lows, when global markets were jolted from President Trump's tariff volley. Optimism around trade partners reaching deals with the US have lifted stocks of late, with the S&P 500 hitting an all-time high. Nvidia holds a 7.3% weight on the S&P 500, the biggest on the index. Other tech behemoths, Apple and Microsoft, account for around 7% and 6%, respectively. The company is worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data, and exceeds the total value of all publicly listed companies in the UK. Its stock trade at a 12-month forward price-to-earnings ratio of 32, below its three-year average of 37, according to data compiled by LSEG. Nvidia's soaring market value highlights Wall Street's confidence in the rapid growth of artificial intelligence, with the company's chips forming the backbone of this technological advance. It reported a total revenue of $44.1 billion in the first quarter, marking a 69% jump from a year ago along with a profit of 81 cents a share. For the second quarter, Nvidia expects revenue of $45 billion, plus or minus 2%. It will report second-quarter results on August 27.

Nvidia becomes first company to clinch US$4 trillion in market value

Nvidia notched a market capitalization of US$4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.5 per cent to an all-time high of US$164, benefiting from the ongoing surge in demand for artificial intelligence technologies. The stock's recent rally comes despite a sluggish start to the year, when the emergence of a Chinese discount artificial intelligence model developed by DeepSeek shook confidence in stocks linked to the sector. Nvidia achieved a US$1 trillion market value for the first time in June 2023 and tripled it in about a year, faster than Apple and Microsoft, the only other U.S. firms with a market value of more than US$3 trillion. Microsoft is the second biggest U.S. company, with a market capitalization of US$3.75 trillion. Its shares were last up 1.3 per cent at US$503. Nvidia has rebounded about 74 per cent from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley. Optimism around trade partners reaching deals with the U.S. have lifted stocks of late, with the S&P 500 hitting an all-time high. Nvidia holds a 7.3 per cent weight on the S&P 500, the biggest on the index. Other tech behemoths, Apple and Microsoft, account for around seven and six per cent, respectively. The company is worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data, and exceeds the total value of all publicly listed companies in the U.K. Its stock trade at a 12-month forward price-to-earnings ratio of 32, below its three-year average of 37, according to data compiled by LSEG. Nvidia's soaring market value highlights Wall Street's confidence in the rapid growth of artificial intelligence, with the company's chips forming the backbone of this technological advance. It reported a total revenue of US$44.1 billion in the first quarter, marking a 69 per cent jump from a year ago along with a profit of 81 cents a share. For the second quarter, Nvidia expects revenue of US$45 billion, plus or minus two per cent. It will report second-quarter results on August 27. Including the session's gains, Nvidia is up more than 22 per cent this year compared to a nearly 15 per cent rise in the Philadelphia SE Semiconductor Index. ---

How NVIDIA Became the First Company Worth $4 Trillion?

They launched chips like the A100 and H100, becoming the main supplier of AI hardware for cloud services, labs, and tech companies. These chips now power everything from things like ChatGPT to self-driving cars and robots. NVIDIA didn't just have great tech; they also made smart acquisitions, identifying trends early and buying the right companies. The tech giant partnered with big names such as Amazon, Microsoft, and Google, selling them chips for their AI work. These companies turned into big clients, making NVIDIA a ton of cash. The company also bought Mellanox Technologies, and that gave them more say in how network and data center parts are made. Now, it can do more than just design chips, offering end-to-end data center solutions.

Nvidia Becomes First $4 Trillion Company: How Far Can It Go? | Investing.com UK

Nvidia Corporation (NASDAQ:NVDA) has achieved an unprecedented milestone in corporate history, becoming the first company ever to reach a $4 trillion market capitalization. The chipmaker's stock surged more than 2% on Wednesday, July 9, 2025, pushing its valuation past this historic threshold as investors continued to bet on the company's dominance in the artificial intelligence revolution. This achievement marks another remarkable chapter in Nvidia's meteoric rise, which has seen the company's market value grow fifteenfold over the past five years. The California-based semiconductor giant now holds the distinction of being the world's most valuable publicly traded company, surpassing previous records set by tech titans Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). Nvidia's ascent to a $4 trillion market capitalization represents a watershed moment in financial markets, with the company trading at the highest market cap ever recorded for a publicly traded company. This milestone beats Apple's previous record from December 2024, establishing Nvidia as the undisputed leader in corporate valuation. The company's journey to this historic achievement has been remarkably swift, having first crossed the $2 trillion threshold in February 2024 and surpassing $3 trillion just months later in June 2024. The unprecedented growth trajectory can be directly attributed to Nvidia's strategic positioning in the generative artificial intelligence boom that began with ChatGPT's launch in late 2022. The company has successfully established itself as the decisive leader in creating graphics processing units (GPUs) that power large language models, capturing the bulk of demand from tech giants racing to build AI infrastructure. This dominance has translated into explosive financial performance, with 2024 revenue reaching $130.50 billion, representing a staggering 114.20% increase from the previous year's $60.92 billion. Despite facing headwinds from geopolitical tensions and chip export restrictions, particularly the loss of an estimated $8 billion in potential sales to China due to H20 chip restrictions, Nvidia has demonstrated remarkable resilience. The company has weathered concerns about China's DeepSeek model and maintained its growth trajectory, with shares climbing more than 15% over the past month and 22% year-to-date as of July 9, 2025. As of 12:12 PM on July 9, 2025, Nvidia shares were trading at $163.15, representing a $3.15 gain or 1.97% increase for the day. The stock opened at $161.22 and traded within a range of $161.16 to $164.42, with an impressive trading volume of 98,048,626 shares reflecting heightened investor interest. The company's trailing twelve-month financial metrics paint a picture of exceptional performance, with revenue of $148.52 billion, net income of $76.77 billion, and earnings per share of $3.10. The stock's valuation metrics reveal investor confidence in future growth prospects, with a current price-to-earnings ratio of 52.56 and a forward P/E of 33.57, suggesting expectations of continued earnings expansion. Nvidia's 52-week range of $86.62 to $164.42 demonstrates the stock's remarkable appreciation, with the current price near the upper end of this range. The company's beta of 2.13 indicates higher volatility than the broader market, reflecting both the opportunities and risks inherent in the rapidly evolving AI sector. Wall Street analysts maintain overwhelming bullish sentiment toward Nvidia, with a consensus "Strong Buy" rating from 43 analysts and an average price target of $176.66, suggesting potential upside of 8.37% from current levels. The company's dividend yield remains modest at 0.02% with a quarterly payment of $0.04 per share, as management continues to prioritize growth investments over shareholder distributions. With the next earnings report scheduled for August 27, 2025, investors will be closely watching for continued momentum in AI-related demand and guidance for future quarters. *** Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.

Nvidia becomes most valuable company in the world at 4 trillion dollars | BreakingNews.ie

Chipmaker Nvidia has become the first public company to top 4 trillion dollars (£3.45 trillion) in value after a two-year investor frenzy. Nvidia shares rose 2.5%, or 3.97 dollars (£2.92), in early trading on Wednesday, topping 164 dollars (£120) each. At the beginning of 2023, Nvidia shares were around 14 dollars (£10) each. The poster child of the AI boom, Nvidia has grown into the largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Google. The stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple. Two years ago, Nvidia's market value was below 600 billion dollars (£441 billion). Nvidia and other companies benefiting from the AI boom have been a major reason the S&P 500 has climbed to record after record recently, with the latest coming last week. Their explosion of profits has helped to propel the market despite worries about stubbornly high inflation and possible pain coming for the US economy from tariffs and other policies of President Donald Trump.

Nvidia leaps to $4 trillion as Wall Street shakes off tariff concerns

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

Nvidia becomes first company to clinch $4 trillion in market value

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

Nvidia: market cap reaches $4 trillion

On Wednesday, Nvidia became the first US company to exceed the symbolic $4 trillion market capitalization mark, just one year after reaching the $3 trillion threshold. The AI processor manufacturer's share price briefly rose to $164.4 this morning, an all-time high that gives it a market capitalization of $4.02 trillion. At around 10:20 a.m. (New York time), the stock was up 2.1%. The world's most valuable company is the first to reach this milestone, with investors betting that the California-based group will continue to benefit from the craze for generative AI. After a slump at the beginning of the year due to the emergence of the low-cost Chinese AI application DeepSeek and the introduction of new US tariffs, Nvidia's share price returned to an upward trajectory this spring to regain its position as the world's largest company by market capitalization. In all, Nvidia's market value has increased by almost 22% since the beginning of the year, compared with a gain of around 7% for the Nasdaq. This performance illustrates investors' growing confidence in the group's ability to capitalize on the AI revolution, which began with the launch of ChatGPT in late 2022. According to some analysts, this is the biggest technological transformation in 40 years, with Nvidia at the heart of this change thanks to its chips, which have become crucial. Amongst other tech heavyweights, Microsoft is the closest to Nvidia, with a market capitalization of nearly $3.75 trillion. According to Dan Ives, analyst at Wedbush Securities, the software group itself is expected to reach a valuation of $4 trillion during the summer, opening the race for the next major milestone for high-tech companies: a market capitalization of $5 trillion. Copyright (c) 2025 CercleFinance.com - All rights reserved.

Nvidia clinches historic $4 trillion market value on AI dominance

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

Nvidia becomes first company to hit $4 trillion in market value

(Reuters) -Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer were last up 1.63%, at $162.61, after reaching an all-time high of $164 earlier, as the company is benefiting from the ongoing surge in demand for artificial intelligence technologies. COMMENTS: MICHAEL ASHLEY SCHULMAN, CHIEF INVESTMENT OFFICER, RUNNING POINT CAPITAL, LOS ANGELES "There's a risk to investors of Amazon, Microsoft and Meta designing their own chips and working around Nvidia and not using them much, relying on their own designs. That's competition. There's also the risk of quantum computing. Nvidia says quantum computing is still 10 to 15 years away. But that's because they don't have a quantum chip. Other people think quantum computing may be only 5 to 7 years out and it could easily surpass Nvidia in capabilities." DAN MORGAN, SENIOR PORTFOLIO MANAGER, SYNOVUS TRUST "With Nvidia representing the key stock for AI capex, it appears the AI capex deceleration has bottomed. Of the top four hyperscalers -Amazon, Microsoft, Meta and Alphabet - are collectively estimated to spend north of $330 billion in capex in 2025 to build out their AI presence. This compares to a combined CAPEX estimate spend rate of $240 Billion in 2024." "The biggest doubt hanging over Nvidia stock is whether sales growth will slow later this year as customers transition from the Hopper series to the shipment of the new Blackwell chips." GIL LURIA, ANALYST, D.A. DAVIDSON, PORTLAND, OREGON "While it is unlikely that Nvidia will continue to dominate the AI chip market to the same extent going forward, it will continue to be the main provider of AI computer hardware into an insatiable market for AI data centers. While its valuation is towards the high end of historical ranges, Nvidia also has better visibility into a continued investment cycle than it typically does during a cycle." CHUCK CARLSON, CHIEF EXECUTIVE OFFICER, HORIZON INVESTMENT SERVICES, HAMMOND, INDIANA "It's a continuing reflection of investors wanting to be on the right side of the AI movement, and Nvidia is kind of the golden child for AI investment. The company is still putting up growth numbers. It clearly is the leader in that field, and it's a must-have if you want exposure to AI and generative AI and accelerated computing." ART HOGAN, CHIEF MARKET STRATEGIST, B RILEY WEALTH, NEW YORK "It is another milepost along the road in this amazing story of a company that continues to reinvent itself. It started out as being a gaming chip maker and then a crypto mining chip maker and now as a chipmaker for artificial intelligence computing power. It's a company that's had an amazing history over the course of the last five years and that certainly has accelerated into its market cap." ROBERT PAVLIK, SENIOR PORTFOLIO MANAGER, DAKOTA WEALTH, NEW YORK METROPOLITAN AREA "It highlights the fact that Nvidia is sort of the backbone of artificial intelligence infrastructure and it is indicative of the revolution that's going on in technology. I believe that there's still more upside in the stock." "Nvidia is going to continue to lead the AI infrastructure space. It highlights the fact that companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology."

Nvidia's stock market value hits $4 trillion on AI dominance

(Reuters) -Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks. Shares of the leading chip designer rose as much as 2.8% to an all-time high of $164.42, benefiting from an ongoing surge in demand for artificial-intelligence technologies. The company's stock ended with a gain of 1.80%, leaving it with a market value of $3.97 trillion. Nvidia's soaring market value underscores Wall Street's confidence in the rapid growth of AI, with the company's high-performance chips forming the backbone of this technological advance. "It highlights the fact that companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology," said Robert Pavlik, senior portfolio manager at Dakota Wealth in New York. The stock's recent rally follows a sluggish start to the year, when the emergence of a Chinese discount artificial-intelligence model developed by DeepSeek shook confidence in stocks linked to the sector. Nvidia achieved a $1 trillion market value for the first time in June 2023 and tripled it in about a year, faster than Apple and Microsoft, the only other U.S. firms with market values above $3 trillion. Microsoft is the second-most valuable U.S. company, with a market capitalization of $3.74 trillion. Its shares gained 1.4% on Wednesday to close at $503.51. Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley. Optimism around trade partners reaching deals with the U.S. has lifted stocks of late, with the S&P 500 hitting an all-time high. Nvidia accounts for 7.3% of the S&P 500. Apple and Microsoft account for around 7% and 6%, respectively. Nvidia is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data, and it exceeds the total value of all publicly listed companies in the UK. Its stock recently traded at a 12-month forward price-to-earnings ratio of 32, below its three-year average of 37, according to data compiled by LSEG. While Nvidia's chips dominate the AI industry, Amazon, Microsoft, Alphabet and other major customers have faced pressure from investors to rein in their heavy spending on AI. As well, Advanced Micro Devices and other rivals aim to take some of Nvidia's market share by selling lower-cost processors. Nvidia reported total revenue of $44.1 billion in the first quarter, marking a 69% jump from a year ago. For the second quarter, Nvidia expects revenue of $45 billion, plus or minus 2%. It will report second-quarter results on August 27. Including the session's gains, Nvidia is up about 22% this year compared with a nearly 15% rise in the Philadelphia SE Semiconductor Index. (Reporting by Shashwat Chauhan and Johann M Cherian in Bengaluru; Additional reporting by Noel Randewich in San Francisco; Editing by Chuck Mikolajczak, Arun Koyyur and Matthew Lewis)

AI giant Nvidia becomes first company to hit $4T in market value - VnExpress International

Shortly after the stock market opened on Wednesday, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold. "The market has an incredible certainty that AI is the future," said Steve Sosnick of Interactive Brokers. "Nvidia is certainly the company most positioned to benefit from that gold rush." Nvidia, led by electrical engineer Jensen Huang, now has a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation. The California chip company's latest surge is helping drive a recovery in the broader stock market, as Nvidia itself outperforms major indices. Part of this is due to relief that President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April. Even as Trump announced new tariff actions in recent days, U.S. stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday. "You've seen the markets walk us back from a worst-case scenario in terms of tariffs," said Angelo Zino, technology analyst at CFRA Research. While Nvidia still faces U.S. export controls to China as well as broader tariff uncertainty, the company's deal to build AI infrastructure in Saudi Arabia during a Trump state visit in May showed a potential upside in the U.S. president's trade policy. "We've seen the administration using Nvidia chips as a bargaining chip," Zino said New advances Nvidia's surge to $4 trillion marks a new benchmark in a fairly consistent rise over the last two years as AI enthusiasm has built. In 2025 so far, the company's shares have risen more than 21%, whereas the Nasdaq has gained 6.7%. Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics and other cutting-edge domains. The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is "real-time digital twins," significantly speeding production development time in manufacturing, aerospace and myriad other sectors. However, Nvidia's winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths. Nvidia's lost some $600 billion in market valuation in a single session during this period. Huang has welcomed DeepSeek's presence, while arguing against U.S. export constraints. AI race In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from U.S. export controls limiting sales of cutting-edge technology to China. The first-quarter earnings period also revealed that momentum for AI remained strong. Many of the biggest tech companies -- Microsoft, Google, Amazon and Meta -- are jostling to come out on top in the multi-billion-dollar AI race. A recent UBS survey of technology executives showed Nvidia widening its lead over rivals. Zino said Nvidia's latest surge reflected a fuller understanding of DeepSeek, which has ultimately stimulated investment in complex reasoning models but not threatened Nvidia's business. Nvidia is at the forefront of "AI agents," the current focus in generative AI in which machines are able to reason and infer more than in the past, he said. "Overall the demand landscape has improved for 2026 for these more complex reasoning models," Zino said. But the speedy growth of AI will also be a source of disruption. Executives at Ford, JPMorgan Chase and Amazon are among those who have begun to say the "quiet part out loud," according to a Wall Street Journal report recounting recent public acknowledgment of white-collar job loss due to AI. Shares of Nvidia closed the day at $162.88, up 1.8%, finishing at just under $4 trillion in market value.

Nvidia's $4T value shows earnings durability, says portfolio manager

STORY: Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most favored stocks. Shares of the leading chip designer were last up over 1.8%, after reaching an all-time high earlier, as the company continues to benefit from the ongoing surge in demand for artificial intelligence technologies. "They've been continuing to beat earnings expectations time and time again," said Mulberry. "They've been able to double their revenues year over year over year. Now they're even switching product lineups, and they're finding more demand for the newer lineup they're bringing out."

Nvidia notches $4 trillion record close market cap

(Reuters) -Nvidia's stock market value ended the trading session above $4 trillion for the first time on Thursday, solidifying the AI chipmaker's position as one of Wall Street's most-favored stocks. Shares of Nvidia ended up 0.75% at $164.10, giving it a market value of $4.004 trillion as it benefits from an ongoing surge in demand for artificial-intelligence technologies. Nvidia's stock market value briefly peaked above $4 trillion on Wednesday before closing at about $3.97 trillion. (Reporting by Noel Randewich and Lewis Krauskopf; Editing by Chris Reese)

Nvidia's market value tops $4 trillion

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

Wall Street shakes off tariff concerns, Nvidia leaps to $4 trillion

NVIDIA Corporation is the world leader in the design, development, and marketing of programmable graphics processors. The group also develops associated software. Net sales break down by family of products as follows: - computing and networking solutions (77.8%): data center platforms and infrastructure, Ethernet interconnect solutions, high-performance computing solutions, platforms and solutions for autonomous and intelligent vehicles, solutions for enterprise artificial intelligence infrastructure, crypto-currency mining processors, embedded computer boards for robotics, teaching, learning and artificial intelligence development, etc.; - graphics processors (22.2%): for PCs, game consoles, video game streaming platforms, workstations, etc. (GeForce, NVIDIA RTX, Quadro brands, etc.). The group also offers laptops, desktops, gaming computers, computer peripherals (monitors, mice, joysticks, remote controls, etc.), software for visual and virtual computing, platforms for automotive infotainment systems and cloud collaboration platforms. Net sales break down by industry between data storage (78%), gaming (17.1%), professional visualization (2.5%), automotive (1.8%) and other (0.6%). Net sales are distributed geographically as follows: the United States (44.3%), Taiwan (22%), China (16.9%) and other (16.8%).

NVIDIA becomes first company ever to hit $4 trillion mark, spurred by AI

As AI transforms industries, NVIDIA's Blackwell chips lead the charge, redefining computing at every scale. In a historic milestone, NVIDIA has become the first company in the world to reach a market capitalization of $4 trillion, a feat achieved on 9th July 2025. This unprecedented valuation cements NVIDIA's position as a titan in the global technology landscape, driven by its unrivaled dominance in the artificial intelligence (AI) sector. The company's meteoric rise reflects the transformative power of AI and the insatiable demand for NVIDIA's cutting-edge graphics processing units (GPUs), which have become the backbone of the AI revolution. As industries worldwide pivot to AI-driven solutions, NVIDIA's journey to this milestone highlights its strategic foresight, technological prowess, and ability to capitalize on a paradigm-shifting trend. This achievement sets a new benchmark for corporate success, underscoring the profound impact of AI on global markets. Also read: AMD Challenges NVIDIA with MI350 Series, ROCm 7, and Free Developer Cloud NVIDIA's ascent to a $4 trillion valuation stems from its remarkable pivot from gaming hardware to AI infrastructure. Initially renowned for its GeForce GPUs, which powered immersive gaming experiences, NVIDIA foresaw the potential of its chips in AI applications over a decade ago. Its CUDA platform and high-performance chips have become indispensable for training and deploying complex AI models, from generative AI systems like large language models to autonomous vehicles, scientific simulations, and even creative tools like AI-generated art. Tech giants like Microsoft, Google, and Amazon, alongside countless startups, rely on NVIDIA's chips to fuel their AI ambitions, creating a near-monopoly in the AI hardware market. In 2025, NVIDIA's revenue skyrocketed, driven by sales of its H100 and next-generation Blackwell chips, which are tailored for AI workloads and command prices in the tens of thousands. Data centers worldwide, powering everything from cloud computing to AI research, have become NVIDIA's largest market, with its stock price soaring as investors bet on its central role in the AI revolution. This demand has solidified NVIDIA's position as a linchpin of the tech industry. Also read: AI vs Job Loss: What do CEOs of OpenAI, Nvidia, Google and Microsoft are saying? NVIDIA's $4 trillion milestone is a testament to the vision of CEO Jensen Huang, who has positioned AI as the next industrial revolution. Huang's strategy of building an ecosystem around NVIDIA's hardware through software like CUDA, platforms like DGX, and partnerships with major cloud providers, has created a formidable barrier for competitors like AMD and Intel. Yet, this dominance comes with significant challenges. Critics warn of overvaluation risks, with some X posts speculating about an "AI bubble" that could disrupt NVIDIA's growth if market enthusiasm wanes or if AI adoption slows. Regulatory scrutiny is another hurdle, as global governments examine NVIDIA's near-monopoly in AI chips, raising concerns about market competition and potential antitrust actions. Despite these challenges, NVIDIA's diversified applications in gaming, automotive, healthcare, and robotics bolster its resilience. Its GPUs power not only AI but also cutting-edge advancements like self-driving cars and medical imaging. Analysts, including Wedbush's Dan Ives, predict that peers like Microsoft could soon join the $4 trillion club as AI adoption accelerates, but NVIDIA's first-mover advantage gives it a unique edge. For now, NVIDIA stands alone, its valuation a landmark moment signaling that the AI era is not just imminent, it's already here, with NVIDIA leading the charge. Whether it can sustain this lead amid competition, market dynamics, and geopolitical pressures remains a critical question, but its historic achievement underscores its pivotal role in shaping the future of technology and society.