Image Courtesy Of ZeroHedge
For the first time ever, a company has achieved a market capitalization of $4 trillion. And that company is none other than Nvidia…
This article was originally published by ZeroHedge.
Source: Bloomberg
After plunging by over $1 trillion during the Liberation Day chaos (and DeepSeek), NVDA has soared back by over $1.5 trillion from the May lows to reach a 4 handle for the first time, surging past MSFT.
If they can finish the day at or above $160.46, Nvidia would pass the record $3.915 trillion closing market capitalization that Apple reached in late December.
NVDA topped $1 trillion market cap for the first time in June 2023, and passed $2 trillion for the first time in Feb 2024.
The $3 trillion market cap level was first surpassed by NVDA in June 2024.
The biggest driver behind this resurgence is Retail investors…
Shares rose more than 170% in 2024, building on their 2023 gain of about 240%
The stock is up 22% this year, a rally that has added about $700 billion to its valuation.
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