Nvidia (NVDA, Financials) became the first firm to surpass a market valuation of $4.53 trillion. This is because demand for its AI chips is growing quickly.
On September 30, shares climbed 2.6% to $186.58, which was a new record high. In a little over a year, Nvidia’s worth has more than doubled. It was worth more over $3 trillion in June 2024 and more than $4 trillion in July 2025.This year, the stock is up 39%.
Multibillion-dollar AI infrastructure purchases have helped the company grow. Nvidia recently promised up to $100 billion to work with Microsoft-backed OpenAI to develop computers that can handle at least 10 gigawatts of power. OpenAI has also worked with Oracle to build five big data centers that use Nvidia GPUs.
Other big tech companies are also growing. Meta and Google are putting a lot of money into AI infrastructure. CoreWeave, a cloud provider sponsored by Nvidia, just signed a $14.2 billion deal to provide Meta with GPU-powered services.
Nvidia’s fast growth has made its market valuation higher than that of most other IT companies, including Apple ($3.78 trillion) and Microsoft ($3.85 trillion). Investors will be keeping an eye on the company’s next earnings report to see if its AI growth continues through 2026.
https://finance.yahoo.com/news/nvidia-becomes-first-company-reach-143848770.html
