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Nvidia set to become the most valuable company ever

Nvidia set to become the most valuable company ever
Credit(s): Nvidia pic

American multinational corporation Nvidia has achieved a market capitalization of nearly $4 trillion, making it the world's most valuable company according to market data, with shares hitting $3.92 trillion during intraday trading on Thursday (July 10).

The artificial intelligence chipmaker's stock rose as much as 2.4% to $160.98 in morning trading, as Wall Street doubled down on optimism about AI technology and its massive potential.

Analysts predict the leading chip designer will soon break the record again, with its market capitalization nearing the historic $4 trillion milestone that no company has ever reached before.

The company's shares have surged nearly 24% over the past month, driven by persistent growth even through export control and tariff concerns affecting the semiconductor industry.

Nvidia's unprecedented valuation is powered by its dominance in AI chip manufacturing and explosive demand for its advanced Blackwell GPUs, positioning the company at the forefront of the artificial intelligence revolution.

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