Nvidia Makes History with $4 Trillion Market Cap Milestone

Nvidia’s market capitalisation reached $4 trillion for the first time, making it the world’s first publicly listed company to achieve this milestone. The surge was driven by sustained investor interest in AI-related stocks. Nvidia's shares rose by 2.4% to $164, supported by its leadership in high-end AI chip design and growing optimism about AI adoption.

As of 10:05 AM GMT-4, US market indicators showed positive trends. The Dow Jones Industrial Average (DJIA) was up by 199.7 points (+0.45%) at 44,440.46, while the NASDAQ had gained 210.53 points (+1.03%) to reach 20,629. The S&P 500 was also higher by 37.89 points (+0.61%) at 6,263.41.

Nvidia initially reached a $1 trillion market valuation in June 2023 and has since tripled its market value in just a year, surpassing the growth rates of Apple and Microsoft. Microsoft, the second-largest US company by market capitalisation at $3.75 trillion, saw its shares rise by 1.3% to $503.

Nvidia's stock has surged by nearly 74% since April, driven by optimism about potential trade deals and pushing the S&P 500 to record highs. With a 7.3% weighting on the S&P 500 index, Nvidia now holds a heavier position than Apple and Microsoft.