The AI wave continues to drive stock prices soaring, with NVIDIA's market value closing firmly at $4 trillion
Chip giant NVIDIA's stock price has reached a new all-time high, with a market capitalization surpassing $4 trillion for the first time, becoming the first company in the U.S. to reach this level during trading. NVIDIA's stock price rose by 0.75%, closing at $164.10, with a market capitalization of $4.004 trillion. Analysts point out that NVIDIA's market value is equivalent to about 3.6% of global GDP, demonstrating its astonishing growth rate. The market generally believes that the increasing demand for AI computing power will inject strong momentum into NVIDIA's future financial reports
According to Zhitong Finance APP, chip giant NVIDIA (NVDA.US) has once again set a new historical high for its stock price, with the company's market value surpassing the $4 trillion mark for the first time at closing. This milestone breakthrough occurred just one day after it became the first company in the United States to reach a market value of $4 trillion during intraday trading.
As of Thursday's close of U.S. stocks, NVIDIA's stock price rose by 0.75% to $164.10, with a total market value of $4.004 trillion. During the same period, the S&P 500 index rose by 0.27%, and the Nasdaq Composite index increased by 0.09%, while NVIDIA's performance once again outpaced the broader market.
NVIDIA's market value is no small matter. According to Peter Boockvar, Chief Investment Officer of Bleakley Financial Group, in a Substack article published on Thursday, $4 trillion is equivalent to about 3.6% of global Gross Domestic Product (GDP). In contrast, during the peak of the internet bubble in 2000, Cisco (CSCO.US) had a market value of $550 billion, accounting for only 1.6% of the global GDP at that time.
Boockvar emphasized that his analysis is not a bullish or bearish judgment on NVIDIA's stock but merely a "comparison of historical data," highlighting the astonishing speed of its growth.
NVIDIA's stock price has risen over 50% in the past three months, becoming the leader in the market rebound following the tariff impacts of April's "liberation day." The market generally believes that the explosive growth in AI computing power demand will continue, injecting strong momentum into NVIDIA's financial reports for the coming quarters.
On Thursday, Tesla (TSLA.US) CEO Elon Musk's AI startup xAI released its latest chatbot Grok 4, further highlighting the rapid development and fierce competition in the artificial intelligence industry. NVIDIA is the power provider behind many AI startups and major companies, with its high-performance GPUs (graphics processing units) having almost become the "standard configuration" for AI training.
Despite NVIDIA's strong performance, the overall chip sector showed mixed results on Thursday. AMD (AMD.US) rose by 4.2%, continuing its recent strong trend, while Broadcom (AVGO.US) fell by 0.9%
