Nvidia on Wednesday became the world's first company to reach a market capitalization of $4 trillion, making it the world's most valuable company ever. The company's stock price is driven by the AI frenzy as well as its unique position in the AI ecosystem as the key supplier of hardware and software stack for training and inference.
By reaching the $4 trillion market capitalization, Nvidia not only left behind such tech giants as Apple, Amazon, Alphabet (Google), Meta (Facebook), and Microsoft, but also the vast majority of semiconductor companies. Only Broadcom ($1.298 trillion) and TSMC ($1.2 trillion) are in the Top 10 of the world's most valuable companies and are among the three semiconductor firms to reach a trillion-dollar capitalization mark.
