Nvidia became the first company to exceed a $4 trillion market capitalization during a July 2025 trading session.
Nvidia crossed the $4 trillion threshold intraday on July 9, 2025, as investors continued to buy shares linked to the expansion of artificial-intelligence infrastructure. The milestone followed a rapid rise in demand for Nvidia's data-center GPUs and related networking systems.
The company had already become the first to pass $3 trillion in 2024, illustrating how quickly market-cap records can move during a powerful technology investment cycle. Nvidia's position also reflected expectations about future earnings rather than only its revenue at that moment.
Intraday records are different from closing-price records. Nvidia could fall below the threshold before the market closed, while still being correctly described as having exceeded $4 trillion during the session.