Nvidia became the second publicly traded company to reach a $3 trillion market capitalization in June 2024.
Nvidia crossed $3 trillion during trading on June 5, 2024, after a powerful rise in demand for its graphics-processing units. Apple had been the first company to reach that level, and Microsoft had briefly held the top position before Nvidia’s advance.
Nvidia originally became known for graphics chips used in computer games. Its GPUs later became central to high-performance computing and artificial-intelligence training, making the company a major supplier for data centers.
The company’s ten-for-one stock split took effect in June 2024, reducing the price per share while leaving the overall market capitalization economically unchanged at the split moment. A stock split alone does not create company value.