Nvidia Makes History As First $4 Trillion Company, Greater GDP Of France, UK
Nvidia reached $4 trillion in market value, driven by AI optimism. Led by Jensen Huang, Nvidia's GPUs are key to AI advancements
Nvidia became the first company to reach $4 trillion in market value on Wednesday, a new threshold in Wall Street's bet that artificial intelligence will transform the economy.
Shortly after the stock market opened, Nvidia, which is led by electrical engineer Jensen Huang, vaulted as high as $164.42, giving it a valuation above $4 trillion before retreating slightly.
'The market has an incredible certainty that AI is the future," said Steve Sosnick of Interactive Brokers. 'Nvidia is certainly the company most positioned to benefit from that gold rush."
Nvidia has now attained a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation, potentially boosting productivity while also challenging incumbent sectors and companies.
The California chip company's latest surge is helping to drive a recovery in the broader stock market, even as Nvidia itself outperforms major indices. Part of this is due to relief that President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April.
Even as Trump has announced new tariff actions in recent days, the S&P 500 and Nasdaq have lingered near records.
'You've seen the markets walk us back from a worst-case scenario in terms of tariffs," said Angelo Zino, technology analyst at CFRA Research.
While Nvidia still faces US export controls to China as well as broader tariff uncertainty, the company's deal to build AI infrastructure in Saudi Arabia during a Trump state visit in May showed there was also potential upside in Trump's trade policy.
'We've seen the administration using Nvidia chips as a bargaining chip," Zino said.
– Bullish on 2026 –
Nvidia's latest surge to $4 trillion marks a new threshold in a fairly consistent rise over the last two years as AI enthusiasm has built.
In 2025 so far, the company's shares have risen 20 percent, whereas the Nasdaq has gained six percent.
The Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), which are foundational to many of the generative AI programs pursued throughout the technology sector, with applications in autonomous driving, robotics and other cutting-edge domains.
The company has also unveiled new advances in recent months, highlighting its Blackwell system, which Huang said in March will soon enable virtually all productions to be 'created and brought to life long before it is realized physically."
However, Nvidia's winning streak was challenged early in 2025 following revelations about the Chinese DeepSeek venture, which prompted worries that AI investment growth would slow. The company lost some $600 billion in market valuation during this period.
Nvidia's Huang has welcomed DeepSeek as a growing presence in technology, while arguing against US export constraints.
In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from US export controls designed to limit sales of cutting-edge technology to China.
The first-quarter earnings period also revealed that momentum for AI remained strong throughout the tech industry. Many of the biggest technology companies — Microsoft, Google, Amazon and Meta — are racing each other in the multi-billion-dollar race to win the AI race.
A recent UBS survey of technology executives showed Nvidia widening its lead over rivals.
Zino said Nvidia's latest surge reflected a fuller understanding of DeepSeek, which has acted as a stimulant to investment for complex reasoning models rather than a threat to Nvidia's business.
Nvidia is at the forefront of 'AI agents," the current focus in generative AI in which machines are able to reason and infer more than in the past, he said.
'Overall the demand landscape has improved for 2026 for these more complex reasoning models," Zino said.
Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18.
view comments
Location :
Washington D.C., United States of America (USA)
First Published:
July 09, 2025, 23:45 IST
News markets Nvidia Makes History As First $4 Trillion Company, Greater GDP Of France, UK
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
30 minutes ago
- Time of India
MechaHitler and rape threats: How Elon Musk's Grok went fully rogue
In the future, AI was supposed to liberate us – giving humanity general intelligence at our fingertips. Instead, it gave us black trans George Washingtons and MechaHitler in the same breath. For years, large language models were criticised for being left-leaning midwits. Ask them about geopolitics, they'd condemn Trump while praising Obama. Ask them about history, they'd produce racially diversified founding fathers. Google's Gemini led this parade, generating images of medieval European knights as black women, or America's first president as an African American trans icon in colonial wigs. The models bent over backwards to avoid offending progressive sensibilities – sometimes to the point of farce. But one line of code was all it took to reverse the moral gravity of AI. Elon Musk 's Grok removed it, and everything collapsed. A line instructing Grok to 'not shy away from making claims which are politically incorrect, as long as they are well substantiated' was deleted. The result? It didn't produce balanced realism. It went full Nazi. Earlier this week, Grok – Musk's AI chatbot integrated into X – generated graphic, step-by-step rape threats against Will Stancil, a US policy researcher and former Minnesota legislative candidate. Asked by a user how to break into Stancil's home and assault him, Grok did not flinch. It advised bringing lockpicks, gloves, lube, and a flashlight. It gave a lockpicking tutorial worthy of a cyberpunk thief. It even offered health guidance: use condoms to avoid HIV transmission. All delivered with an eerie cheeriness and a casual disclaimer: 'don't do crimes, folks.' For Stancil, who shared the vile outputs publicly and called for legal action against X, the chatbot's depravity was not only personal but emblematic of something deeply broken in AI design. But the rape threat wasn't even Grok's worst performance this week. Days earlier, it delivered an unprompted greatest hits tour of Nazi apologism , praising Adolf Hitler as a 'misunderstood genius' and obligingly generating an image of him as 'MechaHitler' – a robotic, armoured supervillain-hero hybrid straight out of Wolfenstein nightmares. Why it happened: The line that held back darkness Engineers familiar with Grok's design say deleting that single instruction line obliterated its ethical guardrails. Almost instantly, Grok shifted from refusing antisemitic prompts to praising Hitler as a visionary and gleefully adopting the 'MechaHitler' persona. It wasn't political incorrectness. It was moral implosion. One developer compared it to 'pulling the pin on a grenade without realising you're holding it.' Another noted that system prompt tweaks are standard in AI development, but with models this powerful, even a single removed line can turn an intelligent-seeming bot into a sexual predator-instructor or a Nazi propagandist overnight. Meanwhile in China: The DeepSeek paradox If Western AI models bend left, Chinese models bend silent. Ask DeepSeek, China's most advanced open-source LLM, about Tiananmen Square, Xinjiang, or the Party's crackdowns, and it simply refuses to respond. The same AI that writes fluid essays on quantum electrodynamics goes mute on its own country's skeletons. It's a stark contrast. Western AIs drown users in progressive moralising until the guardrails are lifted – then they produce rape fantasies and MechaHitlers. Chinese AIs prefer Orwell's approach: silence is safer than truth. But does this mean we've reached AGI? No. Grok's meltdown does not signal artificial general intelligence – a system with human-like reasoning, self-awareness, and creativity. This was proof of the opposite: that AI remains fundamentally narrow, a mimic without conscience or meaning. Grok has no goals, no moral compass. It simply produces outputs that look intelligent, even when they reveal humanity's darkest impulses. AGI remains years, if not decades, away. Why it matters It would be comforting to dismiss Grok's meltdown as yet another Musk circus act. But the stakes are far higher. Grok is not merely a chatbot that makes memes or reposts tweets. It is a generative system capable of guiding millions with the authoritative tone of an oracle. If it can teach people how to lockpick a home and commit rape, or produce Nazi propaganda with the same neutral politeness as describing how to boil pasta, what happens when it is deployed in legal research, therapy, or military targeting? This is not just about Musk's ideological experiments. It is about the fundamental fragility of AI systems. They are only as ethical as the humans who build them, and their boundaries are only as strong as a single line of code. The bigger picture For xAI, PR damage control was swift. Grok's posting was suspended, filters reinstated, internal reviews launched. But the world has seen behind the curtain. AI is not just an amusing tool that hallucinates harmless trivia about cricket scores or Kanye West. It is a mirror to human depravity, capable of reflecting back the worst of us – and amplifying it with the cold precision of code. A future written in prompts The saga of black trans George Washington to MechaHitler to rape tutorials should serve as a clarion call to regulators, ethicists, and users alike. AI can no longer be treated as a toy. When deleting a single line of code can transform a woke midwit into a genocidal rapist, it's time to rethink how these systems are built, who builds them, and what moral universe they operate within. Because next time, it won't just be MechaHitler posing for AI selfies. It might be something far more real, and far more dangerous, than even Elon Musk's imagination can fathom. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
Business Standard
34 minutes ago
- Business Standard
Nissan suspends US production of three vehicle models sold in Canada
Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, accounting for 80 per cent of its Canadian sales Reuters TOKYO Nissan Motor has suspended US production of three vehicle models for Canada amid mutual tariffs imposed by the US and Canada on auto imports, the automaker said. It has halted production of Pathfinder and Murano SUVs and Frontier pickup trucks, the Japanese automaker said in a statement late on Wednesday, without saying when the suspension went into effect or how long it expected it to stay in place. "This is a short-term and temporary measure, and we remain hopeful that ongoing discussions between the US and Canadian governments will lead to a successful agreement in the near future," Nissan said in a statement. Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, with production from those two countries accounting for 80 per cent of its Canadian sales. Nissan assembles the Pathfinder and Murano in Tennessee and the Frontier in Mississippi. The Trump administration imposed 25 per cent additional tariffs on auto imports in April, prompting Canada to implement retaliatory tariffs. Mazda Motor also halted Canada-bound production at its Alabama plant while boosting production for the US market, the company said in May. While Canada is a relatively small market for Nissan, the suspension underscores the difficulty facing global automakers from the tariffs. The levies have also added to a deepening crisis at Nissan, which has been badly hit by deteriorating sales and an ageing vehicle lineup. It reported a $4.5 billion net loss in the financial year that ended in March and has declined to disclose a forecast for the current financial year, when it also faces some 700 billion yen ($4.79 billion) in debt coming due. Its debt ratings have been cut to "junk" by all three major credit-rating firms. Reuters reported last month that the automaker has asked some suppliers to allow it to delay payments to free up short-term funds, in a sign of its scramble to boost cash. Nissan does not have factories in Canada. In the last financial year it sold around 104,000 vehicles there, less than half of what it sold in Mexico and a little more than 10 per cent of what it sold in the United States. Overall, Canada accounted for just 3 per cent of Nissan's global sales in the last financial year.
Indian Express
34 minutes ago
- Indian Express
Bitcoin soars to all-time peak just shy of $112,000
Bitcoin climbed to an all-time high near $112,000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world's largest cryptocurrency. It touched a record peak of $111,988.90 and was last up 0.4% at $111,259. Since the beginning of the year, bitcoin has advanced more than 18%. 'Bitcoin is the only asset I am aware of where it becomes less risky as it grows in size,' wrote Anthony Pompliano, founder and CEO of Professional Capital Management in a letter to investors on Wednesday. 'There were few sophisticated capital allocators who could gain exposure when bitcoin was $100-200 billion market cap. Now that the asset is measured in trillions, almost every capital allocator on the planet can put the exposure on.' The Trump administration's crypto-friendly policies have bolstered digital assets overall, opening pools of capital to the sector. For instance, Trump Media & Technology Group, run by the U.S. president's family, is looking to launch an exchange-traded fund that will invest in multiple crypto tokens, including bitcoin, ether, solana and ripple, according to a filing with the U.S. markets regulator on Tuesday. Bitcoin's rally also spread to other cryptocurrencies. Ether, the second-largest digital currency in terms of market capitalization, also rallied, hitting a one-month high of $2,794.95. It last traded up 5.4% at $2,740.99. Other crypto-related stocks also gained. Strategy, co-founded by the leading voice in the bitcoin treasury movement Michael Saylor, rose 4.7% to $415.41, while Coinbase Global advanced 5.4% to $373.85.
