Overview
- Nvidia became the first public company to reach $4 trillion in market capitalization when its shares climbed to an all-time high around $164.
- The milestone follows a 69 percent jump in first-quarter revenue to $44.1 billion and a forecast of $45 billion for the second quarter.
- The company’s market value has more than quadrupled since June 2023, outpacing Apple and Microsoft in valuation speed.
- Investors are banking on Nvidia’s GPUs as the backbone of global AI infrastructure expansion.
- U.S. export restrictions on advanced chips to China are estimated to cut Nvidia’s sales by $8 billion this year.