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.
32 Articles
32 Articles
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.
Nvidia Nears $4 Trillion Valuation, Briefly Surpasses Apple’s Record
Nvidia hit a staggering market capitalization of $3.92 trillion on Thursday, briefly becoming the most valuable publicly traded company in history — and underscoring its central role in the global AI boom. Shares of the chipmaker climbed as much as 2.4% to $160.98 in morning trading, pushing Nvidia past Apple’s record market value of $3.915 trillion, set on December 26, 2024. Although Nvidia later pared gains, closing at $159.60 — up 1.5% on the…
Nvidia becomes most valuable company in world
Nvidia reached a historic point in its history on Thursday, July 3, by achieving a market value of $3.92 trillion and becoming the most valuable company in history, surpassing Apple’s previous record of $3.915 trillion set in 2024. The chipmaker’s shares climbed 2.4 per cent to $160.98 in morning trading, driven by Wall Street’s unrelenting optimism about artificial intelligence (AI). Nvidia’… Source
Nvidia set to become world’s most valuable company in history | Honolulu Star-Advertiser
Nvidia hit a market value of $3.92 trillion today, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.4% to $160.98 in morning trading, giving the company a higher market capitalization than Apple’s record closing value of $3.915 trillion on December 26, 2024.
Nvidia Set to Become World's Most Valuable Company in History
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