Nvidia has officially closed a trading session with a market value above $4 trillion for the first time, cementing its position as the most dominant player on Wall Street in the race to power artificial intelligence.

The chipmaker’s stock ended Thursday at $164.10, up 0.75%, giving it a total valuation of $4.004 trillion. This leap keeps Nvidia ahead of both Microsoft and Apple, as demand for AI technologies continues to skyrocket. The company briefly crossed the $4 trillion mark on Wednesday but closed slightly below it at $3.97 trillion.

With its high-performance processors powering AI data centers for tech giants like Microsoft, Amazon, Alphabet, and Meta, Nvidia is central to the development of next-generation AI systems. The company’s influence is now so vast that its value exceeds that of all publicly listed firms in the United Kingdom combined.

Nvidia first hit a $1 trillion market cap in June 2023 and has tripled that in just a year—faster than Apple and Microsoft, the only other U.S. companies to reach the $3 trillion milestone. Microsoft currently holds a $3.73 trillion valuation, while Apple, impacted by slower AI adoption, has dropped to $3.17 trillion after a 15% stock decline in 2025.

Despite its rapid rise, Nvidia’s stock is still trading at around 33 times expected earnings—lower than its five-year average of 41—according to LSEG. Analysts note that while the company leads in AI chips, risks remain due to U.S.-China trade tensions and potential competition from cheaper alternatives.


Buy ExpressVPN with PayPal or Credit Card
READ
OpenAI CEO Sam Altman Says AI Job Loss Fears May Have Been Overstated
Advertisement