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3w ago

Nvidia’s Market Cap Tops $3.92 Trillion, Surpassing Apple

Fueled by Wall Street’s booming AI optimism, Nvidia’s high-end chips are propelling its rise toward the $4 trillion mark.

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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

Overview

  • On July 3, Nvidia’s shares climbed to yield a $3.92 trillion valuation, surpassing the $3.915 trillion high set by Apple.
  • Tech companies racing to build generative AI data centers have driven insatiable demand for Nvidia’s latest AI GPUs.
  • The chipmaker’s valuation has risen nearly eightfold since 2021, reflecting its shift from gaming to AI leadership.
  • Nvidia now ranks as the world’s most valuable company, with Microsoft in second place at $3.7 trillion and Apple at $3.19 trillion.
  • Wedbush analysts believe Nvidia and Microsoft could both join the $4 trillion market-cap club this summer.