Nvidia was an early investor in the field of artificial intelligence, and now the company is reaping the rewards of that decision (Photo: Getty).
Nvidia shares rose 2.5% shortly after the US stock market opened on Wednesday morning (local time), bringing the company's market capitalization to over $4,000 billion - an all-time high.
Nvidia's stock price has risen more than 17% since the beginning of the year, and the company is now the world's largest by market capitalization, ahead of Microsoft and Apple.
Apple had previously approached the $4 trillion mark when its market capitalization reached $3.9 trillion at the beginning of the year. However, Apple's value has declined due to concerns related to trade tensions, especially after the tax policies put forth by President Donald Trump.
Microsoft and Nvidia had held the top spots in recent months, before Nvidia pulled ahead on a strong stock price rally. As of writing, Nvidia’s stock has pulled back slightly, bringing the company’s market cap down to around $3.97 trillion, still significantly higher than Microsoft ($3.72 trillion) and Apple ($3.11 trillion).
Analysts say Nvidia's stock price will likely continue to increase, bringing its capitalization to a stable level of $4,000 billion in the near future.
The 10 companies with the largest market capitalization in the world today, 8 of which are technology companies (Photo: CMK).
Nvidia's stock has risen about 1,500% over the past five years, driven by two main factors: demand for cryptocurrency mining hardware and the explosion of artificial intelligence (AI).
In the past, when cryptocurrencies were growing, mining rigs required high-performance graphics cards, one of Nvidia’s main products. In the past three years, the need to build supercomputers for AI training and operations has also caused a sharp increase in demand for chips and GPUs.
Tech giants like Google, Microsoft, Meta, and OpenAI have spent billions of dollars on Nvidia GPUs to power large-scale AI projects. Graphics card shortages due to demand outstripping supply have been seen on the market many times.
Nvidia was founded in 1993 by Jensen Huang, Curtis Priem and Chris Malachowsky. Mr. Huang is still the Chairman and a key executive.
From May 2023 to June 2025, Nvidia will reach the capitalization milestones of 1,000 billion USD, 2,000 billion USD and 3,000 billion USD respectively in just over a year.
The surge in stock prices has boosted Chairman Jensen Huang's fortune. According to Forbes , he is now worth $141.8 billion and is the ninth richest person in the world.
Source: https://dantri.com.vn/cong-nghe/vuot-mat-apple-va-microsoft-nvidia-tro-thanh-cong-ty-4000-ty-usd-dau-tien-20250710032136009.htm
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