Nvidia gets to $ 4 trillion of market capitalization, the first company that did it

Nvidia On Wednesday, the shares jumped by more than 2%, for the first time heading the market capitalization of 4 trillion. As investors hit the Tech Giant Building stock main part for generative Artificial intelligence Boom.

The first company is the first company to reach this market value.

Nvidia – the most valuable company in the world that is superior Microsoft and AppleBoth of which reached $ 3 trillion before Nvidia. Microsoft is also one of the largest and most important Nvidia customers.

The California company, which was founded in 1993, first accepted the $ 2 trillion mark in February 2024 and exceeded $ 3 trillion in June.

Nvidia has received great profits from growing demand for equipment and AI chips since launching Chatgpt at the end of 2022. The company positioned itself as a decisive leader in the creation of graphic units, which are in the power of large language models.

In the last five years, the increase in demand has increased stocks in Chipmaking Behemoth more than fifteen times. The stock has increased by more than 15% and 22% over the beginning of the year.

The latest action in Nvidia took place despite geopolitical tensions and permanent curbs that hindered the sale to China. Last month, Nvidia said the recent export restriction on H20 chips will be cost 8 billion dollars in lost sales.

“The Chinese market of $ 50 billion is effectively closed to the United States,” Juan said during a profit.

Juan used to said CNBC What is blocked from selling chips in China will be a “huge loss” for the company.