Nvidia: First $4 Trillion Company

Friday, 11 July, 2025128 words2 minutes
Nvidia, a leading chip manufacturer, has achieved a remarkable milestone by becoming the world's first company to reach a market value of $4 trillion. This unprecedented growth is primarily driven by the surging demand for artificial intelligence (AI) technology.
The company's shares rose by 2.4% to $164 on Wednesday, reflecting investors' confidence in Nvidia's role in the AI revolution. Notably, Nvidia's market value has quadrupled since June 2023, when it first hit the $1 trillion mark.
Tech analyst Dan Ives described this as a historic moment, stating that Nvidia's chips are now considered as valuable as "gold and oil" in the tech industry. The company's success is largely attributed to its dominance in producing chips that power generative AI models like ChatGPT, which have gained significant popularity recently.
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Words

  • milestone
  • unprecedented
  • quadrupled
  • dominance

Quiz

  1. 1. What is the main reason for Nvidia's rapid growth?

  2. 2. How much has Nvidia's market value increased since June 2023?