Nvidia has recently surpassed Microsoft and Apple to become the world’s most valuable public company, with a market cap of $3.41 trillion. The AI chipmaker’s stock has experienced an impressive 188% increase in share price this year, making it one of the standout performers in the tech industry.
In February, Nvidia became the first semiconductor company to reach a $2 trillion valuation after reporting record fourth-quarter earnings. The company continued its success in May by exceeding Wall Street’s expectations with record first-quarter revenue of $26 billion for fiscal year 2025, marking a 262% increase from the previous year. Following its first-quarter earnings report, Nvidia’s stock price surpassed $1,000, prompting a 10-for-1 stock split that took effect on June 10.
The success of Nvidia’s Hopper chips, used for training and inferencing powerful artificial intelligence models, has significantly contributed to the company’s revenue growth and increased value. In March, Nvidia introduced Blackwell, the successor to the Hopper chips, which is set to start shipping in the second quarter of this year and reach customers by the fourth quarter. Nvidia’s CEO, Jensen Huang, announced plans for the Blackwell Ultra chip in 2025 and the Rubin AI chip platform in 2026, with the company aiming to release new chips on a yearly basis.
