Nvidia Becomes World’s First $4 Trillion Public Company

Nvidia briefly hit $4 trillion in market value, making it the first publicly traded company to hit that milestone.

Nvidia stock rose 2.76% after the market opened on Wednesday to hit an intraday record high that pushed its market value above the $4 trillion mark.

Nvidia then pared its gains but finished the day up by 1.8%, putting the company’s market value at just below $4 trillion.

Nvidia beat Apple and Microsoft to the $4 trillion mark. Apple entered this year as the world’s most valuable company at just about $3.9 trillion before tumbling in recent months amid President Donald Trump’s tariff turmoil.

Nvidia and Microsoft traded places as the world’s most valuable company in recent months, before Nvidia surged ahead to reach the $4 trillion mark first.

The US chipmaker has had a remarkable march to record highs and has soared around 21% this year, thanks to its leading role powering the artificial intelligence boom.

Nvidia’s chips power the data centers that companies like Microsoft, Amazon and Google need to fuel their AI models and cloud services — and AI investments are only expected to grow. Global spending on AI infrastructure is expected to surpass $200 billion by 2028, according to market research firm The International Data Corporation.