AI kingpin NVIDIA crowned
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Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Major stock indexes rose on Wednesday as Nvidia briefly climbed to a $4-trillion valuation, while the euro edged lower, with the Trump administration getting closer to a deal with its biggest trading partner,
NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.
Today’s Forbes Daily features AI giant Nvidia’s record valuation, X’s CEO steps down as Grok unveils new model, Fed eyes rate cuts, Les Wexner’s CoreWeave bet and more.
NVIDIA was briefly worth $4 trillion this week. The tech giant passed that milestone and became the first $4 trillion company following a 2.5% increase in stock value at one point on July 9, 2025. The valuation of NVIDIA has since dropped to around $3.97 trillion.
On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.