Nvidia becomes the first company with a market value of over $4 trillion

In January this year, Nvidia's stock price plummeted due to the rise of Chinese AI company DeepSeek. DeepSeek has developed a high-performance AI model at low cost, raising concerns about the reduction in the number of semiconductors required. But the demand for AI semiconductors is still expanding.

Nvidia's market value exceeded US$1 trillion in May 2023, exceeded US$2 trillion in February 2024, and became the third company in history with a market value of more than US$3 trillion in June 2024. The market value increased by another $1 trillion in about a year later. About 30 years since its establishment in 1993, Nvidia has become the world's fastest company to reach a market value of US$4 trillion.

However, based on the closing price, Nvidia's stock price rose about 2% from the previous day, exceeding US$162, and its market value fell below US$4 trillion. The highest market value record previously calculated at closing prices was $3.9 trillion set by Apple in December 2024, and Nvidia's closing market value exceeded this record on Wednesday.

Semiconductor giant Nvidia became the world's first company to have a market value of US$4 trillion (S$5.1 trillion).

Nvidia released its forecast in May that sales will increase by 50% year-on-year between May and July 2025. Technology companies such as Microsoft and Meta continue to invest heavily in AI development, driving strong demand for Nvidia's high-performance semiconductors.

In US stock trading on Wednesday (July 9), Nvidia's stock price rose 3% from the previous trading day, with a market value of more than $4 trillion, surpassing Microsoft, which ranked second and Apple, which ranked third.