Overview

• Nvidia briefly exceeded a $4 trillion market valuation after its stock climbed over 2 percent to above $164 per share in early trading on July 9.
• The milestone cements Nvidia’s lead over Microsoft, valued at about $3.75 trillion, and Apple at roughly $3.1 trillion in global market rankings.
• Record demand for Nvidia’s AI-focused GPUs has driven analysts to uphold its 32 P/E ratio based on near-term revenue projections.
• U.S. export restrictions to China are projected to reduce Nvidia’s quarterly sales by around $8 billion and may heighten competition from emerging chipmakers.
• Nvidia’s significant weighting in benchmarks such as the S&P 500 magnifies its influence on broader equity markets.