Nvidia Becomes First Public Company to Reach $4 Trillion Valuation
Nvidia reaches a historic $4 trillion market capitalization, making it the world's most valuable company ahead of Microsoft and Apple. The milestone reflects soaring global demand for artificial intelligence computing power.
Nvidia makes history as the world's first public company to reach a $4 trillion market capitalization. The chip designer's shares jump to a record high of $164, pushing its valuation past the historic mark before settling slightly to $3.9 trillion by midafternoon. This achievement officially cements Nvidia as the largest company in the world, overtaking Microsoft and its $3.73 trillion market cap.
This massive financial milestone highlights a continuing boom in demand for artificial intelligence technologies. The rally follows a brief period of uncertainty earlier in the year when the emergence of the lower-cost Chinese AI model DeepSeek raised questions about massive American AI spending. Analysts point out that Nvidia successfully evolves from a gaming chipmaker to a crypto mining chipmaker and now to the dominant force in artificial intelligence computing power.
Despite facing significant setbacks, such as U.S. export controls that effectively close off the $50 billion Chinese market, Nvidia continues to expand its global AI infrastructure projects. CEO Jensen Huang notes that demand for AI inference—applying new data to trained models to generate outputs—is soaring worldwide. The company's incredible growth sees it triple its valuation from $1 trillion in just over two years, leaving only Microsoft and Apple as the other American companies above the $3 trillion threshold.