Overview
- Nvidia’s market capitalization topped $4 trillion for the first time today, making it the highest-valued company ever.
- Shares rose more than 2 percent to an all-time high as investors backed continued AI-driven expansion.
- The US Department of Commerce revoked key export restrictions on chip design tools to China in late May, boosting semiconductor stocks.
- The company holds roughly 90 percent of the global market for AI microchips, cementing its dominance in the sector.
- Originally built for graphics, Nvidia’s GPUs now deliver the parallel processing and energy efficiency essential for training generative AI models.