Nvidia has briefly touched a market valuation of $4 trillion, making it the first company ever to do so, as investors continue to bet heavily on the future of artificial intelligence. The company’s share price surged as much as 2.8 percent on Wednesday, reaching a high of $164.42, before settling at a valuation just shy of the milestone. This rally follows months of strong momentum in tech stocks and Nvidia’s growing dominance in AI chipmaking, which has powered tools like ChatGPT and other fast-rising AI platforms.
The company’s rise has been staggering. It hit the $1 trillion mark just two years ago after ChatGPT’s launch triggered a global rush to develop AI systems. By early 2024, Nvidia reached $2 trillion, followed by $3 trillion in mid-2024. Although the start of 2025 brought some doubts, including concerns about US-China trade tensions and competition from Chinese AI companies like DeepSeek, confidence has returned. Investor optimism has been buoyed by easing trade signals and fresh multibillion-dollar deals in regions such as the Middle East.
Nvidia’s CEO, Jensen Huang, has remained confident that AI and robotics will continue to fuel massive revenue growth. Speaking to investors in May, Huang described the current moment as one where demand for AI chips is “kicking into turbocharge.” The company recently reported a 70 percent jump in quarterly revenue, and its sales are expected to reach nearly $200 billion this year, with profits projected to surpass $100 billion.
While there are still restrictions on Nvidia’s ability to sell its most advanced chips in China, investors believe that growth from American tech giants and sovereign AI partnerships in Europe and the Middle East will sustain its momentum. These global deals, alongside surging demand from start-ups and cloud providers, have placed Nvidia at the heart of an AI-driven economic shift.
The broader AI market also shows no signs of slowing. Companies like OpenAI and Anthropic are seeing massive gains in recurring revenue, which strengthens the belief that AI adoption is just getting started. As Huang put it, “The more AI, the better bottom line,” reflecting not only his confidence in Nvidia’s prospects but also the growing belief that artificial intelligence is becoming a foundational part of global industry.
