Which company became the first public company to reach a US$4 trillion market capitalization during trading?

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Nvidia became the first public company to reach a US$4 trillion market capitalization during trading.

Nvidia crossed the US$4 trillion valuation level during trading in July 2025, according to widely reported market data. The milestone reflected extraordinary investor demand for the company’s processors and networking systems used in artificial-intelligence data centers.

Nvidia’s market value expanded rapidly as cloud providers and technology companies invested in computing capacity for large AI models. Its position was strengthened by a combination of specialized hardware, software tools, and a large developer ecosystem.

A market-capitalization record is not the same as a revenue or profit record. It expresses what investors collectively value the company’s publicly traded equity at a particular moment. Because share prices change continuously, the ranking can shift even without a new product launch or financial report.

Source: Wikipedia · fact-checked Oct. 2026

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