NVIDIA’s market capitalization crossed a historic threshold on Wednesday, making it the first public company to be valued at $4 trillion. The milestone cements the chip designer’s central role in the burgeoning artificial intelligence economy and its status as a titan of Wall Street.
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The company’s growth has been extraordinary. It reached a $1 trillion valuation in June 2023 and has since quadrupled its value, a pace that far exceeds the climbs of tech stalwarts like Apple and Microsoft. The latest surge was driven by shares rising as much as 2.5 percent to a record high of $164 on Wednesday, reflecting intense investor confidence in the demand for its AI chips, which are the engines behind data centers and generative AI.
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This remarkable expansion, which has seen the company’s stock increase tenfold since the start of 2023, underscores the massive capital pouring into AI infrastructure. After a slow start to 2025 and navigating earlier concerns about competitors, NVIDIA’s rebound has helped propel the broader S&P 500 to new records. The company now represents the largest share of the index, surpassing its rivals and demonstrating its significant influence on the market.
