‎Nvidia becomes first company ever to cross $4T market cap

‎Nvidia becomes first company ever to cross $4T market cap ‎Nvidia becomes first company ever to cross $4T market cap

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Chipmaker Nvidia has become the first company ever with a market value exceeding the $4 trillion mark after its shares jumped during Wednesday’s trading.

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The company’s shares rose 2.6% to $164.53 at 04:48 Makkah time, to push its market cap to above $4 trillion.

Nvidia has thus grown into the most valuable company in the world, surpassing Microsoft and Apple which have previously hit the $3 trillion market cap.

The market value of the US chipmaker surpassed the $1 trillion barrier for the first time in June 2023. It doubled this value during a single year.

Nvidia’s share roe by more than 74% from a record low in April, when markets witnessed turmoil following the US President’s announcement of reciprocal tariffs, before suspending them.

 

Logo ofNvidia

Chipmaker Nvidia has become the first company ever with a market value exceeding the $4 trillion mark after its shares jumped during Wednesday’s trading.

The company’s shares rose 2.6% to $164.53 at 04:48 Makkah time, to push its market cap to above $4 trillion.

Nvidia has thus grown into the most valuable company in the world, surpassing Microsoft and Apple which have previously hit the $3 trillion market cap.

The market value of the US chipmaker surpassed the $1 trillion barrier for the first time in June 2023. It doubled this value during a single year.

Nvidia’s share roe by more than 74% from a record low in April, when markets witnessed turmoil following the US President’s announcement of reciprocal tariffs, before suspending them.

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