Nvidia shares rose more than 2% in trading on July 9 (US time), bringing the company's market capitalization to over $4 trillion for the first time.
Nvidia also became the first company in human history to reach this record capitalization, although Microsoft and Apple were the first to reach the $3 trillion mark.
Nvidia first crossed the $2 trillion market cap mark in February 2024 and hit the $3 trillion mark this past June.
With a market capitalization of over $4 trillion, Nvidia is also the world's most valuable company, and investors continue to pour money into the chipmaker serving this generational AI wave.
Jensen Huang's Nvidia just became the first company in the world to reach a capitalization of $4,000 billion (Photo: CNBC).
Nvidia has benefited greatly from the growing demand for AI hardware and chips since ChatGPT launched in late 2022.
The surge in demand has sent the memory chip giant’s stock up more than 15-fold over the past five years. Nvidia’s stock is up 22% year-to-date, with more than 15% in the past month alone.
Nvidia is a leader in graphics processing units (GPUs) used for large-scale language modeling and AI tasks, but its stock’s strong performance this year has been surprising given the company’s difficulty generating revenue from the world’s second-largest economy .
Last month, Nvidia said the export restrictions on its H20 chips to China would cost the company $8 billion in lost sales. Jensen Huang previously told CNBC that being blocked from selling chips in China would be a “huge loss” for the company.
However, in its first-quarter financial report released in May, Nvidia still recorded a 69% increase in revenue compared to the same period last year, mainly thanks to a 73% increase in the data center segment.
Nvidia’s full-year revenue is expected to rise 53% to nearly $200 billion, according to data firm LSEG. At the June 26 shareholders’ meeting, CEO Jensen Huang said that in addition to AI, robotics will also be an important growth driver for the company.
Source: https://dantri.com.vn/kinh-doanh/nvidia-cua-ty-phu-jensen-huang-can-moc-4000-ty-usd-20250710005356994.htm
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