Nvidia's market value exceeds $4 trillion: the road to becoming the king in the AI era

Yesterday, NVIDIA (NVDA.O) stock price surged by nearly 2.5%, and its market value exceeded $4 trillion, becoming the world's first large company to reach this milestone. This historic achievement not only marks NVIDIA's dominance in the global technology industry, but also highlights the profound impact of the artificial intelligence (AI) revolution on the global economy and market. From $1 trillion to $4 trillion, NVIDIA's market value growth trajectory is a miracle, behind which is its unparalleled leadership in the field of AI technology and the market's infinite expectations for the future of AI.

From $1 trillion to $4 trillion: NVIDIA's market value milestone

Looking back at this company founded in 1993, NVIDIA's rise story is a legend in business history. On January 22, 1999, NVIDIA was listed on the Nasdaq Stock Exchange in the United States, starting its journey into the capital market. Since then, NVIDIA has continued to break records and has passed several important milestones:

$1 trillion (May 30, 2023)

NVIDIA became the world's first AI-driven trillion-dollar company, joining a handful of giants such as Apple and Microsoft in the "trillion club". This milestone was driven by the rise of the generative AI boom, especially the success of ChatGPT, which triggered explosive demand for AI chips such as the H100 GPU. NVIDIA has transformed from a traditional graphics processor (GPU) company to a leader in AI and high-performance computing, with its data center business surpassing its gaming business as a major growth engine.

$2 trillion (February 23, 2024)

In less than 9 months, NVIDIA's market value doubled to $2 trillion, setting a record for the fastest doubling of market value for a global company. During this period, NVIDIA surpassed Amazon and Google's parent company Alphabet to become the world's third largest company by market value. Its GPUs are widely used to train large language models (LLMs), consolidating its role as a "shovel seller" in AI infrastructure, and investors are confident in its potential in the fields of AI, autonomous driving, and the metaverse.

$3 trillion (June 5, 2024)

Nvidia briefly surpassed Apple to become the world's most valuable company, marking the first time an AI-driven company has challenged the dominance of traditional tech giants. In addition to hardware, Nvidia has built a complete AI solution through the CUDA platform, AI software frameworks (such as NVIDIA AI Enterprise), and a broad partner ecosystem. This achievement has also sparked discussions about the valuation bubble of the AI boom.

$4 trillion (July 9, 2025)

Nvidia became the world's first company to have a market value of more than $4 trillion, surpassing Microsoft and Apple and consolidating its position as the most valuable company in the AI era. The launch of the latest generation of Blackwell architecture (such as the B200 GPU) further strengthened its technological leadership, and the stock price rose nearly 2.5% as a direct catalyst for this milestone.

The engine of the AI revolution: NVIDIA's secret to success

NVIDIA's rise is not accidental, but a perfect combination of technological innovation, strategic transformation and market timing:

Technology leadership

NVIDIA's GPU technology, especially the H100 and Blackwell series chips, has become the preferred hardware for AI training and reasoning with its excellent computing performance. Its CUDA platform has further lowered the threshold for AI development, making NVIDIA the core of the AI ecosystem.

Strategic transformation

From the initial gaming GPU manufacturer to today's data center and AI solution provider, NVIDIA has successfully seized the opportunity of the AI wave. Its data center business revenue has accounted for more than 80% of its total revenue, demonstrating the company's ecological strategy from hardware to software and hardware.

Market boom

The explosive growth of generative AI has brought unprecedented market demand to NVIDIA. From technology giants to startups, from cloud computing to scientific research institutions, NVIDIA's chips have become the standard for AI infrastructure, driving the rapid growth of its stock price and market value.

Ecosystem Advantages

NVIDIA not only provides hardware, but also builds an AI ecosystem covering hardware, software and services through NVIDIA AI Enterprise, DGX systems and a wide network of partners. This full-stack solution puts it far ahead of the competition.

The significance of 4 trillion: opportunities and challenges coexist

With a market value of 4 trillion US dollars, NVIDIA is not only a technology company, but also a key driver of the global economy in the AI era. The significance of this achievement is far-reaching:

Dominance of the AI industry

NVIDIA's near-monopoly in the AI chip market makes it an "infrastructure provider" for the AI revolution. Its products directly affect the prospects of AI applications in multiple industries such as cloud computing, autonomous driving, medical care, and energy.

Global Economic Influence

NVIDIA's market value growth has driven the upstream and downstream industrial chains, including data center construction, energy demand, and the valuation of related technology companies. Its success has also driven the United States' leading position in the global AI competition.

Future Outlook: The Next Stop of the AI King

NVIDIA's market value of 4 trillion US dollars is not only a symbol of its own success, but also a microcosm of AI technology reshaping the world. From 1 trillion to 4 trillion, Nvidia has completed a journey in less than three years that other technology giants may take ten years to achieve. In the AI-driven future, Nvidia will undoubtedly continue to play the role of king and lead the next round of changes in technology and economy.