Nvidia has made headlines as the first company to achieve a $4 trillion market cap, driven by a significant jump in its stock on Wednesday.
The chipmaker’s market cap surpassed $4 trillion when its shares rose more than 2 percent during intraday trading, making Nvidia the most valuable company globally, according to CNBC. This milestone places Nvidia ahead of tech giants like Microsoft and Apple, which currently have market caps of $3.74 trillion and $3.13 trillion, respectively.
Nvidia, a key player in the hardware sector fueling the AI boom, previously crossed the $2 trillion mark in February 2024 and then exceeded $3 trillion in June of the same year.
CNBC highlighted that “the company has positioned itself as the decisive leader in creating the graphics processing units that power large language models,” amidst surging demand for AI technology.
In 2025, Nvidia’s success has continued, with its stock climbing over 15 percent in the past month and rising 22 percent since the start of the year.
In a related development, former President Donald Trump visited the United Arab Emirates (UAE) in May, where he secured a deal allowing the Emiratis to purchase advanced semiconductors from the U.S.
This agreement is set to facilitate the establishment of the largest AI campus outside the United States. While specific chip details were not disclosed, Nvidia CEO Jensen Huang was seen with Trump and UAE President Sheikh Mohamed bin Zayed al-Nahyan during the visit, leading to speculation about Nvidia’s involvement.
Additionally, Nvidia has announced plans to construct AI supercomputers in Texas and invest up to $500 billion in AI production within the U.S.