Nvidia Becomes First $4 Trillion Company
Nvidia Becomes First $4 Trillion Company

Nvidia Becomes First $4 Trillion Company

News summary

Nvidia has become the first company in history to reach a $4 trillion market valuation, surpassing previous giants like Apple, Microsoft, and Google to become the world's most valuable company. This milestone is driven by soaring demand for Nvidia's AI chips—used by major tech firms such as Microsoft, Amazon, Meta, and Google—and the explosive growth of the AI sector. Nvidia's share price climbed from about $14 at the start of 2023 to over $164, underscoring its dramatic ascent. The company's data center GPUs and CUDA platform have become industry standards, contributing to a strong competitive advantage. Quarterly revenues surged 69% to $44.1 billion, with annual revenue reaching $130.5 billion, despite challenges like tariffs and U.S. restrictions on sales to China. Nvidia's valuation now surpasses the GDP of most countries, highlighting the central role of AI in the global economy.

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