Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025.
Sarah Meyssonnier | Reuters
Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom.
The chipmaker is the first company to ever achieve this market value.
Nvidia is the world’s most valuable company, surpassing Microsoft and Apple, both of which hit the $3 trillion mark before Nvidia. Microsoft is also one of Nvidia’s biggest and most important customers.
The California-based company, which was founded in 1993, first passed the $2 trillion mark in February 2024, and surpassed $3 trillion in June.
Nvidia has profited heavily off of growing demand for artificial intelligence hardware and chips since the launch of ChatGPT in late 2022. The company has positioned itself as the decisive leader in the creating the graphics processing units that power large language models.
The surge in demand has chipmaking behemoth has boosted shares more than fifteenfold over the last five years. Shares are up more than 15% over the last month and 22% since the start of the year.
The recent rally in Nvidia shares has come despite geopolitical tensions and ongoing chip curbs that have limited the company’s operations in China. Last month, Nvidia said that a recent export restriction on its H20 chips created for China would cost it $8 billion in lost sales.
