Nvidia first surpassed US$3 trillion in market capitalization during June 2024.
Nvidia crossed the threshold on June 5, 2024, as its share price surged after strong earnings and rising demand for its artificial-intelligence processors. The company briefly ranked above Apple by market capitalization during that period, making it one of the world’s two most valuable public companies.
Nvidia designs graphics-processing units and related software used in data centers, gaming, professional visualization, and machine learning. Its CUDA software platform and powerful data-center chips helped make it a central supplier for generative-AI systems.
Nvidia’s ten-for-one stock split took effect in June 2024. A stock split changes the number of shares and the price per share but does not, by itself, change the company’s total market capitalization. The rising valuation came from investor demand and business expectations, not from the split alone.