Nvidia reached another milestone in its rise to becoming one of the world's most important companies: the first publicly traded company to reach a market value of $4 trillion.
Nvidia and other companies benefiting from the boom in artificial intelligence have been a major reason the S&P 500 has recently climbed to a record. Their explosion of profits has helped to propel the market despite worries about possible pain coming for the U.S. economy from tariffs and other policies of President Donald Trump.
The company's journey to be one of the world's most prominent companies has produced some eye-popping numbers. Here's a look.
$4.009 trillion
Nvidia's total market value as of early Wednesday, tops in the S&P 500. It closed with a market value of $3.972 trillion.
Nvidia took over the No. 1 spot from Microsoft ($3.742 trillion) two weeks ago. Apple is the only other company with a market value above $3 trillion ($3.154 trillion). Nvidia's market value in July 2023 was around $1.050 trillion.
1,000%
The approximate gain in Nvidia's stock price since the start of 2023. A $100,000 investment in Nvidia two and a half years ago would now be worth more than $1,100,000. The shares are up about 21% so far this year.
