In a historic milestone, Nvidia’s market capitalization surpassed the $4.5 trillion mark on September 30, following a rally in its stock to record highs.
The surge in valuation coincides with Nvidia’s bold $100 billion strategic partnership with OpenAI, wherein Nvidia will deploy advanced AI infrastructure over multiple data centers. Analysts have noted that the company’s dominance in AI hardware, combined with strong demand for its GPU chips, has fueled investor confidence and upward momentum.
This landmark achievement establishes Nvidia as the first publicly traded company in history to reach such a valuation threshold, underlining the strength of AI-driven investing and the pivotal role of semiconductor firms in the evolving tech landscape.