How Nvidia became the world's first $4 trillion company

​​​Historic milestone achieved

​In a landmark moment for global financial markets, Nvidia has become the world's first publicly traded company to surpass a market capitalisation of $4 trillion. ​The milestone was reached during intraday trading on 9 July 2025, when the chipmaker's share price surged to $164.42, briefly pushing its total valuation beyond the $4 trillion threshold.

​This historic achievement cements Nvidia's position at the forefront of the artificial intelligence (AI) revolution and underscores the market's insatiable appetite for companies powering next-generation technologies.

​Extraordinary growth trajectory

​The company's extraordinary rise has been nothing short of phenomenal, with Nvidia's stock soaring by around 1460% over the past five years. A near 22% gain has been registered year-to-date, demonstrating the sustained momentum behind the AI chip leader.

​This rapid ascent has been driven primarily by its dominance in AI chip manufacturing, especially graphics processing units (GPUs) used in machine learning, data centres, and large language models.

​Share trading investors have benefited from the company's H100 and newer-generation chips becoming foundational to AI infrastructure across multiple industries.

​AI dominance sets Nvidia apart​

​While Apple and Microsoft have also surpassed the $3 trillion mark, neither has yet achieved the $4 trillion milestone. What sets Nvidia apart from other tech giants is its core role in enabling AI at scale.

​Nvidia's meteoric growth reflects both investor optimism about AI's transformative potential and the company's ability to consistently exceed expectations on revenue growth, product innovation, and strategic partnerships.

​Online trading participants should note that the company's success spans tech, defence, healthcare, and automotive industries.

​Market impact and broader implications

​Not only was the stock's movement on 9 July enough to briefly lift Nvidia above the symbolic $4 trillion mark, an unprecedented event in market history, but it also emphasised the significance of the moment in highlighting Nvidia's central role in the AI supply chain. Nvidia's stellar rally overshadowed broader economic developments, reinforcing the company's outsized influence on market sentiment.

​This milestone raises important questions about valuation sustainability and whether investor expectations have begun to outpace fundamental growth prospects.

​Investment considerations and outlook

Some analysts have begun debating whether Nvidia can maintain this momentum or if the stock has become overvalued relative to its growth prospects.

Nvidia has a TipRanks Smart Score of ‘7 Neutral’ but is rated as a ‘strong buy’ with 35 ‘buy’, four ‘hold’ and one ‘sell’ recommendation (as of 9 July 2025).

According to London Stock Exchange Group (LSEG) Data & Analysis, the majority of analysts retain their ‘strong buy’ or ‘buy’ ratings, with only six having a ‘hold’ and one a ‘sell’ rating (as of 9 July 2025).

Nvidia historical trends and price targets

​Share dealing investors should consider both the opportunities and risks associated with Nvidia's unprecedented valuation.

​The company's position as the undisputed leader in the AI-driven market era reflects the technological future investors believe it is building.

​For now, Nvidia stands alone as a testament to the transformative power of artificial intelligence and its impact on global markets.

Nvidia technical analysis

​The Nvidia share price resumed its long-term uptrend in late April and has so far risen by around 68% to its 9 July record high at $164.42 while gunning for the psychological $200.00 mark.

The short-term uptrend will remain technically valid as long as the Nvidia share price stays above its mid-June low at $140.85. Potential support above this level is seen between the early July low at $151.49 and the April to July uptrend line at $151.36.

​Nvidia daily candlestick chart