This company creates HISTORY, becomes world's most valuable company EVER, not Apple, Microsoft, Amazon, Aramco, may become..., company is...
Nvidia reached a market value of USD 3.92 trillion, putting it on track to become the most valuable company ever on Thursday (July 3). This massive rise is mainly because investors are very excited about the future of artificial intelligence (AI). Nvidia makes powerful computer chips that are widely used to train large AI models. As AI technology grows, the demand for Nvidia's advanced chips has skyrocketed, helping the company's value go up sharply. According to Reuters , Nvidia's latest chips are playing a key role in building the biggest AI systems in the world.
With this new milestone, Nvidia has crossed Apple's previous record market value of USD 3.915 trillion, which was set in December 2024.
Right now: Nvidia is leading with USD 3.92 trillion
Microsoft is in second place with USD 3.7 trillion
Apple has dropped to third, with a value of USD 3.19 trillion How Nvidia is leading the AI race
While big tech companies like Google (Alphabet), Microsoft, Amazon, Meta, and Tesla are all racing to become leaders in artificial intelligence (AI), it's Nvidia that is quietly powering them from behind the scenes and winning big.
These companies need powerful computer systems and AI data centers to build and run their smart technologies. To do that, they rely heavily on Nvidia's advanced chips, which are specially designed to handle the huge amount of computing power AI needs. How Nvidia started?
Nvidia didn't start as an AI company. Its technology was originally made for video games especially for creating realistic graphics. But over time, those same high-performance chips turned out to be perfect for training AI models, like the ones used in chatbots, driverless cars, and image recognition.
As demand for AI exploded, Nvidia's business took off. In just four years, its market value jumped from USD 500 billion in 2021 to nearly USD 4 trillion in 2025 which is almost eight times its size.
So while other tech giants are building the AI products you see, Nvidia is building the engines behind them, making it one of the biggest winners in the AI race. Nvidia is now bigger than all companies in Canada, Mexico, and UK combined
Nvidia's market value has reached such a high point that it is now worth more than all the publicly listed companies in Canada and Mexico put together, according to data from LSEG. In fact, Nvidia's total worth is even higher than the combined value of all companies listed on the stock market in the United Kingdom.
This shows just how massive Nvidia has become, thanks to the growing demand for its AI chips.
The company's stock has also made a strong comeback. Since April 4, when it hit a recent low, Nvidia's share price has jumped by more than 68 per cent. The earlier dip happened when Wall Street reacted to new tariff announcements by former U.S. President Donald Trump, which worried global markets.
However, stock prices including Nvidia's bounced back after hopes grew that the U.S. government would work out new trade deals to reduce the effects of those tariffs.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
First Post
40 minutes ago
- First Post
Why the US Dollar Slumped to a 50-year-low Vantage with Palki Sharma
Why the US Dollar Slumped to a 50-year-low | Vantage with Palki Sharma | N18G Why the US Dollar Slumped to a 50-year-low | Vantage with Palki Sharma | N18G As US President Donald Trump and billionaire Elon Musk spar in public - the state of the US economy is fuelling concerns. Amid volatile remarks, economic policy reversals, and investor concerns, the US dollar has lost over 10% in value—its worst performance since 1973. Global confidence in American debt and currency appears to be waning, with rising interest costs and a downgraded credit rating intensifying the pressure. See More
&w=3840&q=100)
First Post
an hour ago
- First Post
Why a tariff standoff with the EU could hurt the US more than it helps
As Trump threatens steep tariffs on European goods, economists warn that the trade standoff could end up hurting the US economy more than helping it. Higher prices, disrupted supply chains and retaliatory EU tariffs could strain American consumers and businesses ahead of a fragile economic recovery. read more As the world watches, President Donald Trump is poised to escalate a brewing trade battle with America's largest trading partner, the European Union, a move economists warn could ultimately backfire on the United States more than it benefits it. Having already slapped a 20% import duty on EU goods in April, Trump temporarily scaled it back to 10% in response to market jitters and to leave room for negotiations. But with a July 9 deadline looming and frustration mounting over the EU's trade stance, the president has now threatened to hike tariffs on European exports to an eye-watering 50%. STORY CONTINUES BELOW THIS AD If enforced, that could make a wide array of goods from French cheese and Italian leather to German electronics and Spanish medicines significantly more expensive in US stores. The EU has signalled it is ready to retaliate with tariffs on hundreds of American products, including beef, auto parts, aircraft and even beer potentially dragging both economies into a protracted and damaging trade war. The stakes are high in transatlantic trade The United States and the European Union together account for the world's most significant commercial relationship, with bilateral trade in goods and services reaching €1.7 trillion ($2 trillion) in 2024 or about €4.6 billion per day, according to Eurostat. Europe is a major buyer of U.S. crude oil, pharmaceuticals, aircraft, and cars, while the U.S. imports high volumes of European cars, chemicals, wine, and medical devices. While Trump has fixated on the EU's €198 billion ($233 billion) surplus in goods, U.S. dominance in services such as cloud computing and legal consulting helps offset that imbalance, bringing the real trade deficit down to roughly €50 billion ($59 billion). But Trump's focus on goods, and his calls for 'fair' trade, have prompted a sharp shift in tone from prior administrations which typically kept tariffs low 1.47% on EU imports to the US and 1.35% in reverse and engaged in more collaborative trade talks. US consumers and businesses may pay the price Raising tariffs may appeal to Trump's base as a show of economic strength, but analysts warn the fallout will likely be felt at home and soon. Higher import costs almost always translate into higher retail prices for consumers, especially for goods with few domestic substitutes. STORY CONTINUES BELOW THIS AD European luxury carmakers like Mercedes-Benz, which assembles some vehicles in Alabama, say they can cushion some of the blow for now. But across the board, auto prices and the cost of consumer goods are expected to climb if tariffs rise sharply. Makers of spirits like Italy's Campari Group have hinted they may absorb or adjust prices based on market conditions, but warn that long-term uncertainty could harm competitiveness. 'This kind of tariff escalation could squeeze US households at a time when inflation remains a sensitive political issue,' warned Holger Schmieding, chief economist at Berenberg Bank as reported by AP. Meanwhile, US manufacturers that rely on imported parts could also suffer, with ripple effects through supply chains and job markets. Though Trump argues that restricting foreign imports will fuel a revival in domestic manufacturing, most analysts say such a shift would take years, if it materialises at all. Trade tensions mask deeper issues Trump has also taken aim at deeper policy issues including EU food safety rules that restrict products like chlorine-washed chicken and hormone-treated beef and Europe's value-added tax (VAT), which ranges from 17% to 27%. But economists argue VAT systems are trade-neutral and aren't typically negotiated in trade deals. The EU, for its part, insists its consumer and environmental regulations are non-negotiable. STORY CONTINUES BELOW THIS AD 'The EU cannot rewrite its internal market rules just to satisfy US complaints that often reflect misunderstandings about how Europe operates,' Schmieding said. Could the US economy take a bigger hit? A failure to reach a deal could be more economically painful for the US than the EU. A review by Brussels-based think tank Bruegel estimates that in the event of tariffs rising to 25%, US GDP could shrink by 0.7%, while the EU's economy would lose around 0.3%. Some multinational companies, like luxury giant LVMH, have floated the idea of shifting more production to the U.S. to avoid tariffs, but warn that such decisions are costly and may ultimately depend on whether a deal is reached. With a tight deadline ahead, both sides may opt for a temporary framework that averts the worst-case scenario. Still, many in Europe believe the U.S. may back down from the most extreme tariff threats not out of goodwill but because of domestic economic realities. 'Trump may claim victory by rolling back some of the harsher threats,' said Schmieding. 'But if tariffs remain high, it's the American consumer who will bear the brunt.' STORY CONTINUES BELOW THIS AD With inputs from agencies
India Today
an hour ago
- India Today
iPhone 17 Pro to launch soon: 7 features you must know about
iPhone 17 Pro to launch soon: 7 features you must know about Unnati Gusain Photo: X iPhone 17 Pro is rumoured to arrive this year with significant upgrades. Let's take a look at 5 big features expected to arrive with Apple's next flagship. iPhone 17 Pro The Apple iPhone 17 Pro price may start at Rs 1,19,900. Given the expected updates, Apple can increase the price, suggesting a leak. It remains to be seen how much the new iPhone 17 Pro would be priced in India. India price The iPhone 17 Pro Max is rumored to feature a slightly thicker body (8.725mm) compared to its predecessor, potentially housing a bigger battery for significantly improved battery life. Thicker design for a larger battery Apple may ditch the all-glass back for a part-aluminium, part-glass design, offering a fresh, durable, and premium look while maintaining a lightweight feel. Aluminium and glass build A bold new camera design is also expected, with a large, dark-colored camera island spanning the width of the phone, housing three cameras, a LiDAR scanner, and an LED flash. Big camera island Credit: X The iPhone 17 Pro could also debut a high-resolution 48MP telephoto shooter, a major upgrade from the current 12MP sensor, delivering sharper zoomed-in photos. Camera On the front, it may get a 24MP selfie shooter. Front camera Powered by Apple's next-generation A19 Pro chip built on TSMC's 3nm process, the iPhone 17 Pro will offer faster performance, improved efficiency, and smoother multitasking. ̌A19 Pro chipset Apple is also rumoured to give the iPhone 17 Pro a 12GB of RAM (up from 8GB) making it more powerful to handle demanding apps and gaming. ̌12GB RAM
