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.