Nvidia continues its growth this year and becomes the most valuable company in the world in terms of market capitalization. The US semiconductor maker is now valued at around $4.68 trillion, cementing its dominance in artificial intelligence and advanced computing.
In brief
- Nvidia has grown rapidly over the years to become the most valuable company in the world at $4.68 trillion.
- Artificial intelligence is at the heart of its success, with its GPUs powering major AI projects for OpenAI, Google and Meta.
- Its value now exceeds the GDP of some large countries, giving it considerable weight on world markets.
Nvidia's momentum in the global market
Over the past three years, Nvidia's capitalization has grown continuously. At the end of 2022, it stood at around $364 billion. At the end of 2023, it reached 1,220 billion, then 3,360 billion in 2024. Its current value is almost thirteen times higher than that of 2022, and up 39% compared to last year, illustrating an impressive growth dynamic.
Nvidia stock price reflects this trend: it is currently trading at $192.50, compared to $189.11 during the previous session, an increase of 1.79% over 24 hours. Over the last month, the stock has gained 8.56%, continuing an upward trajectory supported by investor confidence.
AI demand and global expansion
A large part of Nvidia's growth comes from its central role in the development of artificial intelligence. Its GPUs power the data centers of major companies like Meta, Google and OpenAI, which rely on its chips to run and train advanced AI models.
Investor confidence has also been boosted by several international agreements. Washington recently authorized the export of Nvidia chips intended for AI projects in the United Arab Emirates. According to Bloomberg, citing sources familiar with the matter, the Bureau of Industry and Security of the US Commerce Department issued these licenses as part of a bilateral agreement on AI concluded in May.
This is the first time since the Trump administration that Nvidia has been allowed to export its AI chips to the UAE, opening a new opportunity for expansion in the region.
CEO Optimism and Market Influence
Chief executive Jensen Huang recently expressed confidence in the company's future. Asked on CNBC, he emphasized the sharp increase in demand for computing power over the past six months, and the exceptional interest in Blackwell, Nvidia's most advanced GPU: “The demand for Blackwell is extremely strong. We are, I believe, at the very beginning of a new era of construction, the beginning of a true industrial revolution. »
Nvidia's market value now exceeds that of major economies like India and Japan, and approaches the combined capitalization of Meta and Alphabet, valued at $1,842 billion and $2,924 billion, respectively. The company also has the highest weighting in the S&P 500, giving it significant influence on the index. If this dynamic continues, Nvidia could soon cross the symbolic milestone of $5,000 billion in capitalization.
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