Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025.
Nvidia stock jumped more than 2% on Wednesday, lifting the company's market cap past $4 trillion for the first time as investors scooped up shares of the tech giant building the bulk of the hardware for the generative artificial intelligence boom.
The chipmaker is the first company to ever achieve this market value and is trading at the highest market cap ever recorded for a publicly traded company, beating out Apple's previous record from December.
Nvidia is the world's most valuable company, surpassing Microsoft and Apple , both of which hit the $3 trillion mark before Nvidia. Microsoft is also one of Nvidia's biggest and most important customers.
The California-based company, which was founded in 1993, first passed the $2 trillion mark in February 2024, and surpassed $3 trillion in June.
Nvidia has profited heavily from the growing demand for AI hardware and chips since the launch of ChatGPT in late 2022. The company has positioned itself as the decisive leader in creating the graphics processing units that power large language models.