Nvidia Becomes First U.S. Company to Reach $4 Trillion Market Cap

Nvidia has made history as the first U.S. company to reach a $4 trillion market valuation, briefly surpassing this milestone during trading before settling at approximately $3.97 trillion by market close.

The tech giant’s share price climbed to an all-time high, fueled by surging demand for artificial intelligence (AI) chips essential to modern data centres and reasoning AI models. Over the past three months, Nvidia’s stock has risen around 40%, reflecting its central role in powering cutting-edge AI applications from OpenAI, Google, Anthropic, and others.

Analysts highlighted the company’s dominance in AI hardware. According to Bernstein, nearly $750 billion is being invested in AI data centres globally—a trend that strongly benefits Nvidia. The company’s closing valuation now tops that of every other U.S. public company, surpassing Apple’s previous record of $3.915 trillion.

AI experts describe this moment as a defining milestone in the AI revolution. Some even project Nvidia’s market value could reach $5–$6 trillion in the near future if current growth trends hold.

The milestone shines a spotlight on the unmatched market confidence in Nvidia’s leadership in AI and data centre infrastructure. Investors and competitors alike are watching closely to see if other tech giants will reach similar heights—or if Nvidia’s role endures as the dominant force reshaping global technology.

With input from Al  Jazeera