Nvidia became the first company to reach a $4 trillion market capitalization during 2025.
Nvidia’s valuation was driven largely by demand for its graphics processing units, or GPUs, used in artificial-intelligence data centers. The company’s chips and CUDA software ecosystem became central to training and running many large AI models, making Nvidia one of the most closely watched companies in global markets.
Nvidia began in 1993 as a graphics-chip designer focused on computer gaming. Its technology later expanded into professional visualization, scientific computing, autonomous vehicles, and high-performance computing. The AI boom greatly increased demand for its data-center products.
Market-capitalization rankings can change quickly because they depend on share prices. Nvidia’s position therefore should not be treated as a permanent title. Another important distinction is that Nvidia manufactures through outside foundries, including Taiwan Semiconductor Manufacturing Company, rather than operating mainly as an integrated chip manufacturer.