.png&w=128&q=75)
.png&w=128&q=75)
Tech company Nvidia on Wednesday became the first publicly traded company to hit a $4 trillion market cap.
Nvidia, which designs graphics processing units (GPUs) — chips that power artificial intelligence (AI) programs, such as ChatGPT, is the world’s most valuable company.
It surpassed Apple and Microsoft, which both reached $3 trillion mark before Nvidia, according to CNBC. Nvidia, based in California, hit $2 trillion in February 2024 and $3 trillion in June 2025.
Nvidia shares surged to an all-time high of $164.
The growth comes after previous lows in March and April, when President Donald Trump’s tariff announcements led to a decline in stock markets, The Daily Wire previously reported. Nvidia faced a year-to-date loss of 20% in March.
In April, Nvidia committed $500 billion to building AI infrastructure in the United States. The company outsources its chip production to the Taiwan Semiconductor Manufacturing Company and Samsung and said it wants “to build and test NVIDIA Blackwell chips in Arizona and AI supercomputers in Texas,” The Daily Wire reported.
“Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency,” Nvidia CEO Jensen Huang said at the time.
The announcement was a win for Trump, who has encouraged tech companies to manufacture in the United States.
Huang praised Trump’s manufacturing vision in May.
“Our president wants America to win,” Huang told CNBC. “The president laid out a bold vision for the United States, for America, to re-industrialize, to onshore manufacturing so that we can have a more resilient supply chain, so that we can create jobs locally.”
NVIDIA CEO Jensen Huang hails President Trump’s “bold vision for the United States, for America, to re-industrialize, to onshore manufacturing.”
“Our President wants America to WIN.” pic.twitter.com/l3RtpdllXp
— Rapid Response 47 (@RapidResponse47) May 29, 2025
.png)
.png)
.png)
