Nvidia Tops Global Market Cap Rankings with $3.92 Trillion Valuation

Nvidia has set a new record in corporate history by closing trading on July 3 with a market capitalisation of about $3.92 trillion. The figure pushes the California‑based chip designer past Apple and Microsoft to claim the title of the world’s most valuable publicly traded company. The dramatic rise shows how central Nvidia’s graphics processing units, once meant for gamers, have become to the artificial‑intelligence boom reshaping global technology.

Big cloud providers such as Google, Amazon and Microsoft, social‑media giants like Meta, as well as automakers building self‑driving systems, all rely on Nvidia’s high‑performance GPUs to train and run large language models and other generative‑AI tools. That demand has accelerated revenue and investor confidence, lifting the company’s market value from roughly $500 billion in 2021 to almost eight times that level today.

Nvidia’s success now eclipses the combined value of every listed firm in Canada and Mexico and even exceeds the entire UK equity market, according to LSEG data. Shares have rebounded more than 68 percent since early April, recovering from worries over potential new tariffs after signals that forthcoming trade negotiations would spare critical semiconductor supplies.

While household names such as Microsoft and Alphabet build AI platforms for consumers and businesses, Nvidia occupies a unique position as the primary hardware supplier powering nearly all cutting‑edge AI projects. Its unmatched share of the advanced‑GPU segment makes the company a cornerstone of the global shift toward artificial‑intelligence‑driven computing. Analysts expect further growth as AI adoption accelerates worldwide.

Source: Moneycontrol