Nvidia has achieved a historic milestone, surpassing $4 trillion in market cap during intraday trading on Wednesday for the first time ever. The chipmaker’s recent surge in value comes despite geopolitical tensions and ongoing chip curbs that have hindered sales to China.
The company’s dominance in the graphics processing units (GPUs) used in large language models has driven its growth, with shares increasing more than 15-fold over the last five years. Nvidia’s recent rally has seen its shares rise by over 22% since the start of the year, outpacing other tech giants like Microsoft and Apple.
However, the company still faces challenges, including export restrictions on its chips in China, which have resulted in $8 billion in lost sales. Despite these setbacks, Nvidia remains a leader in AI hardware and chips, capitalizing on the growing demand driven by the launch of ChatGPT in 2022.
Nvidia’s founder, Jensen Huang, previously stated that being blocked from selling chips in China would be a “tremendous loss” for the company. The recent surge in value has pushed Nvidia past Microsoft and Apple to become the world’s most valuable company, with a market cap of $3.97 trillion at close.
Source: https://www.cnbc.com/2025/07/09/nvidia-4-trillion.html