On July 9, 2025, Nvidia became the first publicly traded company to fall in a market value of 4 trillion in company valuation. The stock of the company gained 2.5% when it opened the markets, hitting a new intraday high that took its valuation beyond this milestone.
Nvidia achieved this figure ahead of Apple and Microsoft. Apple started the year with a valuation of about $3.9 trillion but went down in value due to new U.S. tariffs. Nvidia and Microsoft have been swapping first place in the past few months. Still, the manufacturers and artificial intelligence companies have been experiencing a significant inflow of investment in the global market.
Nvidia is an essential company in the AI ecosystem itself, whose chips can be found in the data centres of large companies like Microsoft, Google, and Amazon. It has hardware that caters to machine learning models and cloud services. According to market analysts, the world will spend more than 200 billion dollars on AI infrastructure by 2028. Nvidia has reported Q4 of April 2025 with a revenue of $44.1 billion, which was a 69% growth compared to Q4 of April 2024. At the company developers conference in March, the company also announced upgrades to its chip series, Blackwell.
The updates are meant to assist better the complex use of AI in robotics and autonomous systems. Analyst Dan Ives of Wedbush Securities called Nvidia the powerhouse of current AI growth. Even Wall Street analysts who are optimistic about Nvidia can expect the company to have a market capitalisation of $6 trillion in 2028 because of its development and conquest of the AI hardware market.
Though Nvidia has been performing well financially, it has had a challenge. This resulted in restrained exports to China, considering restrictions on U.S. products, especially on its H20 AI chips, costing it a potential of $2.5 billion in income. At the beginning of this year, a stock fell by 37% under the pressure of competition from the Chinese startup DeepSeek and trade tensions between the United States and China. The Nvidia stock later recovered and is up 74% since April.
The CEO, Jensen Huang, is optimistic about future development. In a public presentation, he said that artificial intelligence will touch all the key areas, including healthcare, finance, manufacturing, and transportation. Huang and Nvidia's participation in projects such as Project Stargate further enhances the company's influence not only in the technology but also in the political arena.