From Chips to Trillions: Nvidia Briefly Becomes World’s Most Valuable Company

On July 3, Nvidia reached a historic milestone by briefly becoming the world’s most valuable publicly traded company. Its market capitalization hit $3.92 trillion, overtaking Apple’s previous record of $3.915 trillion set in December 2024.

The spike was fueled by continued global demand for AI chips, positioning Nvidia at the heart of the artificial intelligence boom. While the stock dipped slightly by market close, analysts remain confident that the company will break the record again soon.

Investors see Nvidia’s high-end GPUs as essential infrastructure for the next generation of AI models, cloud computing, and data centers. The momentum follows better-than-expected U.S. payroll data, which buoyed broader tech stocks.

Experts now say Nvidia’s value reflects more than tech hype; it signals a structural shift in the economy where semiconductors are king.