Nvidia reaches historic $4 trillion market cap thanks to AI dominance
Today, Nvidia's market capitalization reached $4 trillion, making it the first public company in the world to reach that mark.
Today, Nvidia's market capitalization reached $4 trillion, making it the first public company in the world to reach that mark.
Nvidia shares rose 2.5% to a record high of $164, benefiting from a continued surge in demand for artificial intelligence technologies, Reuters writes .
Nvidia's rapid rise in market value underscores Wall Street's confidence in the rapid growth of artificial intelligence, and the company's high-performance chips are the foundation of this technological advancement.
Nvidia first reached a market value of $1 trillion in June 2023 and tripled it in about a year, faster than Apple and Microsoft — the only other American companies with a market value of over $3 trillion.
The chipmaker has recovered about 74% from its lows in April, when global markets were hit by U.S. President Donald Trump's tariff barrage.
Nvidia CEO sells shares worth nearly $900 million, while the company maintains a record capitalization
Nvidia CEO sells shares worth nearly $900 million, while the company maintains a record capitalization
"In two years, we will increase the amount of AI computing power in Europe by 10 times," Nvidia CEO spoke about large-scale plans for the European market
"In two years, we will increase the amount of AI computing power in Europe by 10 times," Nvidia CEO spoke about large-scale plans for the European market
Nvidia presented a report for the first quarter of 2025. How much did the company lose due to restrictions on chip exports to China?
Nvidia presented a report for the first quarter of 2025. How much did the company lose due to restrictions on chip exports to China?
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