Overview

• Nvidia’s market capitalization reached $3.92 trillion on July 3, overtaking Apple’s previous $3.915 trillion high from December 2024.
• Its high-end AI processors have become essential for training the world’s largest AI models, underpinning sustained global demand.
• Shares have rallied over 68% since an April 4 low triggered by President Trump’s global tariff announcements.
• The company’s valuation now exceeds the combined market value of all publicly traded firms in Canada, Mexico and the United Kingdom.
• Technology giants including Microsoft, Amazon, Meta, Alphabet and Tesla rely on Nvidia chips to power expanding AI data centers.