Nvidia Overtakes Apple, Microsoft as First $4 Trillion Public Tech Titan
Nvidia has made headlines as the first public technology company to achieve a market valuation of $4 trillion. This year, Nvidia has seen a nearly 20% increase in value, driven by a surge in demand for its AI-centric chips that are essential for the data infrastructure used by Microsoft, Amazon, and Google.
Nvidia made history by becoming the first public tech company to reach a $4 trillion market valuation, leaving Apple and Microsoft behind in the race for global tech dominance.
On Wednesday, Nvidia’s stock jumped 2.5% at market open, driving the chipmaker’s market cap past the $4 trillion milestone. The company has surged nearly 20% this year, fueled by explosive demand for its AI-focused chips that dominate the data infrastructure powering Microsoft, Amazon, and Google.
AI Growth Sends Nvidia to the Top
Nvidia’s rise to an extraordinary valuation didn’t happen overnight. Over the past two years, the company climbed from a $1 trillion valuation in 2023 to its current $4 trillion status, achieving an unparalleled milestone in modern technology. Its success stems from its dominant position in the graphics processing unit (GPU) market, which supports large-scale artificial intelligence systems across various sectors..
CEO Jensen Huang has consistently positioned Nvidia as an essential contributor to the global AI revolution. Recently, he introduced the Blackwell Ultra chip, crafted to enhance machine learning performance in both autonomous systems and enterprise AI applications. This innovation has thrilled investors, who reacted positively and pushed the company’s value higher despite facing various challenges.
Huang’s influence now extends beyond the confines of the tech industry. He accompanied President Trump on a diplomatic visit to Saudi Arabia in May and played a key role in Project Stargate, a $500 billion AI infrastructure initiative aligned with the government’s technology strategy.
Despite facing setbacks earlier this year, including a temporary dip in stock price due to competition from Chinese rival DeepSeek and U.S. export restrictions, Nvidia rebounded strongly. Since April, the company has gained nearly 74%, dispelling fears of revenue losses and demonstrating its ability to thrive amid fierce competition.
Wall Street analysts, particularly those at Loop Capital, maintain an optimistic outlook, predicting that Nvidia could achieve a staggering $6 trillion valuation by 2028, thanks to its dominant role in AI chip supply. Jensen Huang asserts that humanity has only begun to tap into AI’s potential. As he emphasized during Nvidia’s May earnings call, industries like transportation and healthcare will increasingly depend on AI, and Nvidia stands poised to power that future.
