10/07/25

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Nvidia has achieved a historic milestone, surpassing a $4 trillion market capitalization for the first time in its history. This unprecedented valuation makes it the first publicly traded company to reach such a high market cap, surpassing technology giants such as Microsoft and Apple. On Wednesday, the company’s share price rose to an intraday high of $164.32, before easing slightly to $163.36 in after-hours trading, according to Google Finance data.

The surge in Nvidia’s share price reflects strong investor confidence, primarily driven by the company’s leadership role in AI technology development. The rally caused the company’s valuation to cross the $4 trillion threshold—calculated based on 24.4 billion shares outstanding — although the after-hours valuation was slightly lower at approximately $3.98 trillion due to share price fluctuations.

The milestone underscores a broader industry trend where companies are increasingly directing assets toward artificial intelligence initiatives, which are seen as a pivotal element of future technological advancement. Originally established as a maker of gaming and crypto mining chips, Nvidia has evolved into a prominent provider of AI computational hardware, solidifying its position as an early leader in the artificial intelligence landscape.

Despite experiencing a notable valuation decline earlier this year due to geopolitical concerns and export restrictions affecting Chinese AI competitors, Nvidia has demonstrated resilience. The company’s recent financial report revealed over $44 billion in revenue and $19 billion in net income for the fiscal quarter — marking a 26% increase from the previous year. Its stock performance has also been robust, with a gain of over 21% in 2023, significantly outperforming the S&P 500, which gained approximately 6.5% over the same period.

In comparison to other major corporations, Microsoft remains the second-largest company by market capitalization at approximately $3.74 trillion, followed by Apple at around $3.15 trillion. Notably, only these three companies exceed the $3 trillion mark. Meanwhile, in the cryptocurrency space, Bitcoin’s market cap has recently revisited its all-time high at $2.2 trillion, with the entire crypto market valued at roughly $3.53 trillion — still below Nvidia’s current valuation.