Nvidia has become the first publicly listed company to
cross the $4 trillion market cap threshold, following a 2% rise in its share
price on Wednesday. The surge has elevated the California-based chipmaker to
the top of the global valuation leaderboard, surpassing Microsoft and Apple.
The company now has the highest market cap ever recorded for a listed business. Its growth has been propelled by sustained investor enthusiasm for generative artificial intelligence, for which Nvidia
provides the critical hardware, CNBC reported.
Nvidia hits $4 trillion market cap, first company to do so https://t.co/XnMCGZDIII
— CNBC (@CNBC) July 9, 2025
Rapid Rise Fueled by AI Demand
Nvidia first surpassed the $2 trillion mark in
February 2024 and crossed $3 trillion in June. The company’s stock has gained
more than 15% over the past month and is up 22% since the start of the year.
Over the last five years, shares have risen more than fifteenfold.
Demand for Nvidia’s graphics processing units (GPUs), widely
used to train and operate large language models, has continued to grow
following the launch of OpenAI’s ChatGPT in late 2022. The company counts
Microsoft among its key customers.
Nvidia’s recent stock rally has occurred despite
regulatory and geopolitical challenges. In May, the company said export
restrictions on its H20 chips, developed specifically for China, would result
in an estimated $8 billion in lost revenue.
Nvidia price on the daily chart, source: TradingView
The company has also moved past earlier concerns that
Chinese AI models, such as DeepSeek, could reduce reliance on Nvidia’s high-end
chips. Huang previously told CNBC that restrictions on sales to China would
represent a “tremendous loss.”
Higher Valuation than Microsoft and Apple
With Wednesday’s move, Nvidia now has a higher valuation than Microsoft and Apple, which had each previously crossed the $3 trillion mark. This development reflects Nvidia’s dominant role in the
rapidly expanding AI chip market and its positioning as a key supplier to the
technology sector.
The company, founded in 1993, has shifted from its
origins in graphics hardware for gaming to become a core component of the
modern AI ecosystem. It $4 trillion valuation underscores the scale of
investor confidence in that transformation.
The regulatory environment has also been favorable for
Nvidia. Last month, the UK’s Financial Conduct Authority announced plans to partner
with the chip-maker to establish a testing environment where financial
institutions can safely trial artificial intelligence applications.
“This collaboration will help those who want to test AI ideas but lack the capabilities to do so,” said Jessica Rusu, the FCA’s chief data, intelligence, and information officer. “We’ll help firms harness AI to benefit our markets and consumers, while supporting economic growth.”
Nvidia has become the first publicly listed company to
cross the $4 trillion market cap threshold, following a 2% rise in its share
price on Wednesday. The surge has elevated the California-based chipmaker to
the top of the global valuation leaderboard, surpassing Microsoft and Apple.
The company now has the highest market cap ever recorded for a listed business. Its growth has been propelled by sustained investor enthusiasm for generative artificial intelligence, for which Nvidia
provides the critical hardware, CNBC reported.
Nvidia hits $4 trillion market cap, first company to do so https://t.co/XnMCGZDIII
— CNBC (@CNBC) July 9, 2025
Rapid Rise Fueled by AI Demand
Nvidia first surpassed the $2 trillion mark in
February 2024 and crossed $3 trillion in June. The company’s stock has gained
more than 15% over the past month and is up 22% since the start of the year.
Over the last five years, shares have risen more than fifteenfold.
Demand for Nvidia’s graphics processing units (GPUs), widely
used to train and operate large language models, has continued to grow
following the launch of OpenAI’s ChatGPT in late 2022. The company counts
Microsoft among its key customers.
Nvidia’s recent stock rally has occurred despite
regulatory and geopolitical challenges. In May, the company said export
restrictions on its H20 chips, developed specifically for China, would result
in an estimated $8 billion in lost revenue.
Nvidia price on the daily chart, source: TradingView
The company has also moved past earlier concerns that
Chinese AI models, such as DeepSeek, could reduce reliance on Nvidia’s high-end
chips. Huang previously told CNBC that restrictions on sales to China would
represent a “tremendous loss.”
Higher Valuation than Microsoft and Apple
With Wednesday’s move, Nvidia now has a higher valuation than Microsoft and Apple, which had each previously crossed the $3 trillion mark. This development reflects Nvidia’s dominant role in the
rapidly expanding AI chip market and its positioning as a key supplier to the
technology sector.
The company, founded in 1993, has shifted from its
origins in graphics hardware for gaming to become a core component of the
modern AI ecosystem. It $4 trillion valuation underscores the scale of
investor confidence in that transformation.
The regulatory environment has also been favorable for
Nvidia. Last month, the UK’s Financial Conduct Authority announced plans to partner
with the chip-maker to establish a testing environment where financial
institutions can safely trial artificial intelligence applications.
“This collaboration will help those who want to test AI ideas but lack the capabilities to do so,” said Jessica Rusu, the FCA’s chief data, intelligence, and information officer. “We’ll help firms harness AI to benefit our markets and consumers, while supporting economic growth.”
