Nvidia became the first public company valued above $4 trillion in July 2025.
Nvidia crossed the $4 trillion market-cap threshold in July 2025 as demand for artificial-intelligence infrastructure continued to lift its share price. The company had already passed $1 trillion, $2 trillion, and $3 trillion milestones during the rapid expansion of the AI-chip market.
Nvidia designs graphics-processing units and other accelerated-computing products used in data centers. Its hardware is paired with software tools such as CUDA, which helped establish an ecosystem for scientific computing and machine learning. Investors therefore valued the company not only as a chip designer but also as a central supplier to AI development.
A market-cap record is not the same as a revenue or profit record. It represents the stock market’s current valuation of all outstanding shares and can change every trading day. The milestone also differs from a company’s enterprise value, which includes debt and subtracts cash.