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Nvidia set to become the world's most valuable company in history

  • During Thursday trading, Nvidia hit a $3.92 trillion market cap, surpassing Apple's December 2024 record of $3.915 trillion.
  • Driven by new AI training chips, major tech firms race to expand AI data centers, boosting Nvidia's demand amid surging market confidence.
  • LSEG data shows Nvidia trades at about 32 times forward earnings, below its five-year average of 41, and holds nearly 7.4% weight in the S&P 500.
  • That surge makes Nvidia represent 7% of the S&P 500 and surpass the combined market caps of Canada and Mexico.
  • Further developments indicate Nvidia’s industry-leading valuation surpasses entire national markets, signaling a lasting shift in how markets value AI infrastructure and technology dominance.
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Nvidia technology has come to value $3.92 billion in bags this Friday. It's getting closer to becoming the most valuable piece of history.

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channelchek.com broke the news in on Thursday, July 3, 2025.
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