Nvidia, the California headquartered GPU designer, has become the first company in the world to amass a market value of $4 trillion.

The chip-designer’s meteoric rise was rapid, as it only reached a market value of £1 trillion back in June 2023, continuing its swift climb ever since.

Nvidia’s share price rose by 2.4% to $164 (~£120) on Wednesday this week, as the surge in demand for AI has driven the value of Nvidia’s capable chips sky high.

Despite a slight dip in the company’s shares during the turbulent tariff war sparked by US President Donald Trump, the firm has clearly recovered with its record market value.

Nvidia outranks other tech giants including Microsoft, Apple, Amazon, Alphabet, and Meta – coincidentally the companies developing AI projects that typically rely on Nvidia’s AI chips.

The surging marking value of Nvidia highlights the market’s confidence in AI continuous growth as an era-defining technology, with Nvidia’s chips serving as a foundational building block of this revolutionary tech.

With its new value, Nvidia is now worth more than the combined value all of the publicly listed firms in the UK, and exceeds the combined worth of the Canadian and Mexican stock markets, according to data from LSEG.

Nvidia’s revenue in the first quarter of 2025 amounted to $44.1 billion, a 69% increase from last year. The firm projects a revenue of $45bn in the second quarter, plus or minus 2%.

While Nvidia continues to climb in the AI scramble, companies involved in creating AI models are facing the pressure to exhibit strong returns to investors which places high-value bets on the emerging technology.

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Microsoft most recently cut thousands of jobs in an effort to save costs as it continues to turn its efforts – and money – towards AI.

While other chip designers and makers, such as Advanced Micro Devices (AMD), attempt to cash in on the AI hype, Nvidia appears largely untouched in the arena so far.

However, the launch of an AI model by Chinese-owned DeepSeek earlier in the year did challenge the current AI status quo, as it offered a cheaper, less compute-intensive version of capable generative AI.

Still, despite challengers and trade tribulations, Nvidia bounced back to a historic rise.