Nvidia became the world’s first publicly traded company to hit a $4 trillion valuation this week, edging past tech giants Apple and Microsoft.
Its stock climbed 2.76% during Wednesday’s session before closing up 1.8%, putting its market cap just shy of the milestone. While Apple has retreated from its early-year $3.9 trillion valuation due to ongoing tariff concerns, Nvidia has surged 74% since April alone, thanks to its dominant role in the AI infrastructure boom.
The chipmaker reported $44.1 billion in revenue for the quarter ending April, marking a 69% year-on-year increase, despite losing $2.5 billion in potential revenue from U.S. export restrictions to China.
Nvidia’s data center chips power the AI models of companies like Microsoft, Amazon, and Google, fueling demand that’s expected to push global AI infrastructure spending beyond $200 billion by 2028.
Its new Blackwell Ultra chip, unveiled at Computex 2025, positions Nvidia at the heart of next-gen AI systems, from autonomous vehicles to complex reasoning engines.
What Does This Mean for Me?
Despite January setbacks tied to Chinese competitor DeepSeek and the broader US-China tech rivalry, Nvidia rebounded strongly, and CEO Jensen Huang now ranks among the world’s top 10 richest individuals with a net worth of $140 billion.
Wall Street remains bullish, with some projecting that the chipmaker could be worth $6 trillion by 2028. As AI cements itself across sectors, from finance and manufacturing to health and logistics, Nvidia appears well-positioned to lead the charge into the next era of technological transformation.