Nvidia Reaches Historic $4 Trillion Valuation as Markets Shake Off Tariff Fears
Nvidia makes history as the first company to achieve a $4 trillion market cap, while U.S. investors largely ignore a new round of tariff announcements. The major stock indexes post strong gains following a brief two-day slump.
U.S. stock markets rebound strongly from a brief two-day slump, with the S&P 500 rising 0.6% and the Nasdaq climbing 0.9%. Traders show little concern over renewed tariff threats, a stark contrast to the market panic seen in April. President Trump extends a tariff pause deadline to August 1 and sends letters to seven new countries, but investors remain confident and keep equities near recent highs.
Tech giant Nvidia makes history by becoming the first company ever to reach a $4 trillion market capitalization. The semiconductor leader's shares rise 1.8% to $162.86, allowing it to surpass legendary tech peers Apple and Microsoft in total valuation. This milestone highlights Nvidia's dominant role in the artificial intelligence boom that drives the broader market rally.
While U.S. markets celebrate Nvidia's achievement, Asian markets experience slight declines in response to the latest tariff developments. Shanghai, Hong Kong, and Australian indexes all dip, with Japan's Nikkei serving as a rare bright spot with a 0.33% gain. Despite these international headwinds, Nvidia's stock is up 17% since the start of the year as the AI rally continues.