EconomyLens.com
No Result
View All Result
Wednesday, July 9, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

AI giant Nvidia becomes first company to reach $4 tn in value

Andrew Murphy by Andrew Murphy
July 9, 2025
in Other
Reading Time: 8 mins read
A A
0
24
SHARES
298
VIEWS
Share on FacebookShare on Twitter

Nvidia CEO Jensen Huang, shown here at at the Consumer Electronics Show in January 2025, has seen spectacular growth in his company's share price amid enthusiasm for artificial intelligence. ©AFP

New York (AFP) – Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy. Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold.

Related

Japan’s sticky problem with Trump, tariffs and rice

Trump hits Brazil with 50% tariff, sets date for copper levy

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

Trump broadens push for tariff deals, unveils 50% Brazil levy

Yemen’s Huthis claim deadly Red Sea attack on merchant ship

“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, led by electrical engineer Jensen Huang, now has 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. The California chip company’s latest surge is helping drive a recovery in the broader stock market, 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 announced new tariff actions in recent days, US stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday.

“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 a potential upside in the US president’s trade policy. “We’ve seen the administration using Nvidia chips as a bargaining chip,” Zino said.

Nvidia’s surge to $4 trillion marks a new benchmark 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 more than 21 percent, whereas the Nasdaq has gained 6.7 percent. Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics, and other cutting-edge domains. The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is “real-time digital twins,” significantly speeding production development time in manufacturing, aerospace, and myriad other sectors.

However, Nvidia’s winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths. Nvidia lost some $600 billion in market valuation in a single session during this period. Huang has welcomed DeepSeek’s presence, 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 limiting sales of cutting-edge technology to China. The first-quarter earnings period also revealed that momentum for AI remained strong. Many of the biggest tech companies — Microsoft, Google, Amazon, and Meta — are jostling to come out on top in the multi-billion-dollar 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 ultimately stimulated investment in complex reasoning models but not threatened 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. But the speedy growth of AI will also be a source of disruption. Executives at Ford, JPMorgan Chase, and Amazon are among those who have begun to say the “quiet part out loud,” according to a Wall Street Journal report recounting recent public acknowledgment of white-collar job loss due to AI. Shares of Nvidia closed the day at $162.88, up 1.8 percent, finishing at just under $4 trillion in market value.

© 2024 AFP

Tags: artificial intelligenceNvidiastock market
Share10Tweet6Share2Pin2Send
Previous Post

Trump broadens push for tariff deals, unveils 50% Brazil levy

Next Post

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

Andrew Murphy

Andrew Murphy

Related Posts

Other

Copper’s strategic role threatened by Trump tariffs

July 9, 2025
Other

Trump issues more letters to countries in push for tariff deals

July 9, 2025
Other

Six rescued from cargo ship attacked in Red Sea: EU naval force

July 9, 2025
Other

Commerzbank commits to strategy as UniCredit ups direct stake

July 9, 2025
Other

Can Kenya attract the outsourcing jobs of the AI future?

July 9, 2025
Other

Markets mixed as Trump flags fresh tariffs, eyes on trade talks

July 9, 2025
Next Post

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

Trump hits Brazil with 50% tariff, sets date for copper levy

Stocks mostly rise on trade deal optimism

Japan's sticky problem with Trump, tariffs and rice

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Japan’s sticky problem with Trump, tariffs and rice

July 9, 2025

Stocks mostly rise on trade deal optimism

July 9, 2025

Trump hits Brazil with 50% tariff, sets date for copper levy

July 9, 2025

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

July 9, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.