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Nvidia Tops Apple at $3.92 Trillion to Become World’s Most Valuable Company

Surging AI chip demand has propelled Nvidia past Apple’s peak, prompting analysts to forecast a $4 trillion valuation by late summer.

Nvidia products are displayed after its CEO Jensen Huang made a keynote speech at Computex in Taipei, Taiwan May 19, 2025. REUTERS/Ann Wang/File Photo
Nvidia | Image: Reuters
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Overview

  • Nvidia’s stock climbed to a new intraday peak of $160.98, pushing its market value to $3.92 trillion on July 3, 2025.
  • Heavy investment in training large-scale AI models has spiked demand for the company’s high-performance GPUs.
  • Microsoft holds the second spot at $3.7 trillion and Apple is third at $3.19 trillion as both firms ramp up AI hardware spending.
  • The company’s valuation now surpasses the combined market caps of Canada and Mexico and exceeds that of all publicly listed UK companies.
  • Analysts at Wedbush predict Nvidia will join the $4 trillion market cap club by late summer and target $5 trillion within 18 months.