Nvidia has reached a record-breaking market value of over $3.92 trillion, briefly putting it on track to become the world’s most valuable company in history. The surge in demand for AI chips, driven by the increasing adoption of artificial-intelligence technology, is attributed to Nvidia’s high-end processors.
The company’s shares have risen as much as 2.4% to $160.98, surpassing Apple’s record close value of $3.915 trillion. Nvidia’s market capitalization now exceeds that of the Canadian and Mexican stock markets combined, with a valuation of over $3.89 trillion.
Microsoft takes second place with a market capitalization of $3.7 trillion, followed by Apple at $3.19 trillion. The AI data center space has fueled demand for Nvidia’s high-end processors, leading to a surge in investor optimism about the company’s prospects.
Nvidia’s stock has rebounded nearly 68% from its recent closing low, driven by expectations of trade deals that could soften President Trump’s tariffs. The company’s core technology was initially developed to power video games, but it has since become a cornerstone of the AI industry.
As investor sentiment shifts towards the growing importance of artificial intelligence, Nvidia’s market value has surged. However, some experts caution that the current delivery of AI technology may not live up to its hype, highlighting the need for further innovation and development in the field.
Source: https://www.reuters.com/business/nvidia-set-become-worlds-most-valuable-company-history-2025-07-03