NVIDIA has officially made history, becoming the first company ever to reach a $5 trillion market capitalization, marking a defining milestone in the era of artificial intelligence. The chipmaker’s stock surged 4.85% on Tuesday to $210.77, pushing its valuation to $5.13 trillion, according to the latest market data.
At the same time, Apple reached its own record, crossing the $4 trillion threshold for the first time, solidifying its position as the world’s third-largest company by market cap.
The AI Powerhouse Leads a New Market Order
NVIDIA’s ascent underscores how artificial intelligence has reshaped global markets. Once valued at under $1 trillion just two years ago, the company’s dominance in AI chip production, particularly its H100 and next-generation Blackwell processors, has turned it into the most valuable enterprise on Earth.
The company’s rapid growth reflects Wall Street’s conviction that NVIDIA’s chips will remain the backbone of AI computing for years to come. Its quarterly revenues have consistently beaten expectations, fueled by record data center demand from tech giants like Microsoft, Google, Amazon, and Meta, all racing to expand their AI infrastructure.
With this rally, NVIDIA now leads the global market cap rankings, surpassing Microsoft ($4.02T) and Apple ($4.01T), both of which remain above the $4 trillion level but trail the semiconductor leader.
Apple Reclaims Strength with $4 Trillion Milestone
While NVIDIA’s rise dominates headlines, Apple’s return to the $4 trillion club marks a resurgence after months of uneven performance. Its strong iPhone 16 sales, record-breaking services revenue, and continued expansion into spatial computing through the Vision Pro line have revived investor optimism.
Apple joins Microsoft as the only other company to sustain a valuation above $4 trillion — a feat that once seemed unthinkable during early 2023’s tech correction. Analysts note that Apple’s diversified ecosystem and growing services margin are key drivers of this comeback.
Tech Titans Redefine Market Leadership
The reshuffle at the top of the global market capitalization leaderboard highlights the growing divergence between traditional tech and the new AI-driven economy:
Rank Company Market Cap Change (Today) Country
The AI Era Accelerates
NVIDIA’s dominance symbolizes a market cycle increasingly defined by artificial intelligence. Analysts at Goldman Sachs project that AI-related capital expenditure could exceed $1 trillion by 2027, with NVIDIA continuing to capture a majority share of the AI computing ecosystem.
For investors, this marks a historic shift in the global balance of power, one where semiconductors, cloud computing, and machine learning now sit at the center of value creation, while legacy sectors continue to lag behind.
As AI reshapes the world’s largest companies, one thing is clear: NVIDIA has become the defining face of the 2020s tech boom, and Apple’s resurgence shows the old guard isn’t done competing yet.