The company continues to set new benchmarks for the technology industry. On July 4, the company’s market value reached $3.92 trillion, almost equaling an all-time high in stock market history. Investors are buying up shares of the AI chip maker at a frantic pace, counting on its key role in the future of artificial intelligence.
The company continues to set new benchmarks for the technology industry. On July 4, the company’s market value reached $3.92 trillion, almost equaling an all-time high in stock market history. Investors are buying up shares of the AI chip maker at a frantic pace, counting on its key role in the future of artificial intelligence.
According to TechSpot, Nvidia surpassed Apple’s previous record of $3.915 trillion in 2024 during intraday trading on Thursday, closing at $3.89 trillion. This cemented its position as the world’s second-largest company by market capitalization, behind Microsoft ($3.7 trillion) and ahead of Apple ($3.19 trillion), according to TechSpot.
Nvidia’s success is closely tied to the boom in the artificial intelligence market. Its next-generation GPUs, including the H100 and Blackwell lines, have become the standard for training and running LLM models, including OpenAI, Anthropic, and Google Gemini. The company dominates the AI infrastructure market, providing service platforms such as Microsoft Azure, AWS, and Google Cloud.
The financials are also impressive. In the last quarter, Nvidia reported $44.1 billion in revenue (+69% YoY), of which $39.1 billion came from its data center business. By fiscal year 2026, the company expects annual revenue to reach $170 billion.
Against this backdrop, Nvidia has already surpassed the market capitalization of all public companies in the UK combined, as well as the combined value of the Canadian and Mexican markets. At the same time, as recently as 2020, it was valued at $500 billion.
But the rapid growth has a downside. Nvidia now makes up a large portion of the S&P 500 index, increasing risks for investors, including pension funds. The company also faces restrictions on chip exports to China and pressure from competitors developing their own AI accelerators.
Despite the challenges, Nvidia is expanding its horizons: it is already experimenting with autonomous vehicles, physical robotic systems, and «embodied AI devices» that are expected to change the way we interact with technology in the real world. And while the $4 trillion mark is not yet reached, it is already a matter of time.
We also reported on how Nvidia’s CEO began a large-scale sale of the company’s shares. However, investors have nothing to worry about, as this is a planned transaction as part of a financial strategy for top managers.
