Nvidia is the first $4 trillion company - Sherwood News

$4T

Luke Kawa7/9/25

Nvidia just formed a new club. The chip designer is 1 of 1 with a $4 trillion market cap after trading above $162.53 this morning for the first time ever to reach that milestone.

“This is a historical moment for Nvidia, the tech space flexing its muscles, and speaks to the AI Revolution hitting its next stage of growth led by the one chip fueling AI... Nvidia,” Wedbush Securities analyst Dan Ives wrote. “There is one company in the world that is the foundation for the AI Revolution and that is Nvidia with the Godfather of AI Jensen having the best perch and vantage point to discuss overall enterprise AI demand and the appetite for Nvidia’s AI chips looking forward.”

Now, share repurchases often make it a little difficult to say whether or not a company has conclusively breached a market cap threshold, since those numbers get reported in quarterly filings with a significant lag. Nvidia bought back a little over 126 million shares in the three months ending April 27, leaving it with 24.611 billion shares outstanding.

This time, based on its peak price this morning of $164.42, it’s a safe bet that milestone has indeed been achieved, unless management repurchased more than 283 million shares since late April.

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