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.





