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Nvidia Tops $4 Trillion Market Cap After Shares Close at Record High

Robust Q1 results equipped with ambitious Q2 guidance reflect sustained demand for Nvidia’s AI processors

The NVIDIA logo is displayed on a building in Taipei, Taiwan April 16, 2025. REUTERS/Ann Wang/ File Photo
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo
Taiwanese CEO of NVIDIA Jensen Huang speaks during a conference as part of the 9th edition of the Vivatech technology startups and innovation fair, at the Dome de Paris in the Porte de Versailles exhibition centre in Paris, on June 11, 2025.
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Overview

  • Shares closed at $164.10 on July 10, lifting Nvidia’s market capitalization to $4.004 trillion and making it the first public company to officially close above that threshold.
  • The company reported $44.1 billion in revenue for Q1 2025, a 69% year-on-year increase, and projects about $45 billion in sales for Q2.
  • Nvidia’s GPUs underpin generative AI infrastructure at major firms including Microsoft, Amazon and OpenAI.
  • The stock has rebounded roughly 74% from its early-April lows despite ongoing U.S. export controls limiting sales of advanced chips to China.
  • Nvidia now represents about 7.3% of the S&P 500 index, surpassing Apple and Microsoft as its largest single component.