Nvidia Market Cap Hits $4 Trillion on Rising AI Demand

Nvidia continues to dominate the AI chip market, with analysts projecting substantial growth in its total addressable market for data center AI chips, now estimated to reach $563 billion by 2028, up from $500 billion. This growth is driven by surging demand from sovereign AI initiatives and increased networking needs for larger AI training clusters and inference workloads. Nvidia's market valuation is approaching $4 trillion, reflecting its unique position not just as a semiconductor manufacturer but as a provider of a comprehensive AI computing platform, including critical software like CUDA that enhances GPU performance. Citi Research recently raised its price target on Nvidia shares to $190, signaling confidence in further stock appreciation. Additionally, the potential for Nvidia to diversify its supply chain by adding Teradyne as a second-source test supplier could generate significant new revenue streams, enhancing the broader AI semiconductor ecosystem. Overall, Nvidia's expanding AI infrastructure role and growing market opportunities underscore its critical influence on the tech sector's future.