NVIDIA’s stock price rose by 2.5% to $163.9 per share on July 9th， reaching a total market capitalization of $4 trillion. This landmark achievement makes NVIDIA the first company globally to surpass this significant valuation milestone.
It is noteworthy that NVIDIA’s current market value now exceeds the combined stock market capitalization of entire countries such as the United Kingdom， France， and Germany. This highlights the immense scale of NVIDIA’s influence and economic impact on a global stage.
Currently， NVIDIA firmly holds the top position in global market capitalization. Microsoft， with a market value of $3.74 trillion， and Apple， at $3.14 trillion， rank second and third respectively. The substantial lead NVIDIA has established underscores its dominant position in the technology sector.
NVIDIA’s market value has experienced an extraordinary surge， nearly eightfold， over the past four years. It has dramatically escalated from approximately $500 billion in 2021 to its current unprecedented level. Such rapid growth reflects a fundamental shift in technological demand and NVIDIA’s ability to capitalize on emerging market trends.
The primary driver behind this meteoric rise is the explosive global demand for AI computing power. Major tech giants， including Microsoft and Amazon， are actively investing in and building out extensive data centers. This has created a sustained and powerful demand for NVIDIA’s high-end AI chips， which are essential for powering these advanced infrastructure projects.
Furthermore， the easing of market concerns regarding US export restrictions， coupled with upward revisions to its earnings forecasts by institutions like Citigroup， have also contributed to NVIDIA’s impressive market value growth. These external factors have created a favorable environment for the company’s continued ascent.
In addition， Loop Capital analyst Ananda Baruah recently set an exceptionally high target price for NVIDIA on Wall Street， raising it from $175 to $250 per share. This revised target price implies a market capitalization of approximately $6 trillion， a figure that is remarkably impressive and indicative of strong future growth potential. Such optimistic outlooks from financial institutions further solidify NVIDIA’s perceived value and future prospects.
