Nvidia first reached a $2 trillion market capitalization during the artificial-intelligence investment boom of 2024.
Nvidia crossed the threshold in February 2024 as demand for its graphics processing units and data-center systems surged. These chips are widely used to train and run large artificial-intelligence models, making Nvidia a central supplier to the expanding AI industry.
The company’s rise followed years of development in parallel computing and accelerated computing. Its CUDA software platform also helped developers use Nvidia hardware for applications beyond traditional computer graphics.
Nvidia’s market value later passed additional milestones, but the figure was not fixed. Stock splits change the number of shares and the per-share price while leaving the overall market capitalization broadly unchanged at the moment of the split.