Nvidia Just Bought the Internet (Basically)
-
Move over, Microsoft and Apple — there’s a new king of the mountain, and it’s running on GPUs. Nvidia just became the first company ever to hit a $4 TRILLION market cap, riding the AI wave like a boss.On Wednesday, Nvidia’s stock hit an all-time high of $164.32 before cooling off slightly to $163.36 in after-hours trading. That was still enough for them to flex a historic $4T valuation (well, technically $3.98T after the close, but we’re rounding up for drama).
How did they do it? Two words: Artificial Intelligence.
“Companies are shifting their asset spend in the direction of AI and it’s pretty much the future of technology,” said Robert Pavlik of Dakota Wealth. Translation: Nvidia is basically selling the picks and shovels in the modern-day gold rush.
Nvidia’s origin story is wild — started as a gaming chip company, became a crypto mining chip company, and now? The AI overlord. As B Riley Wealth’s Art Hogan puts it:
“It is continuing to move forward and be a clear early winner of artificial intelligence.”
Despite a rough start to 2025 (remember that $600B market cap drop in January and a $5.5B hit from China drama?), Nvidia bounced back like a champ. Their Q1 report flexed $44B in revenue and $19B in earnings. Not bad at all.
Their stock is up 21.3% this year, leaving the S&P 500 (up just 6.5%) in the dust.
Let’s talk big leagues:
Nvidia: $3.98T Microsoft: $3.74T Apple: $3.15T Entire crypto market: $3.53T Bitcoin: $2.2T
Yes, Nvidia is now worth more than all of crypto. Let that sink in.
#crypto #NVIDIA #AI #GOLD #BTC #CryptoCurrency