{"id":736,"date":"2025-07-09T14:31:19","date_gmt":"2025-07-09T14:31:19","guid":{"rendered":"http:\/\/www.agencywebdesigners.com\/?p=736"},"modified":"2025-07-10T14:21:15","modified_gmt":"2025-07-10T14:21:15","slug":"ai-kingpin-nvidia-crowned-as-first-public-company-with-a-4-trillion-valuation","status":"publish","type":"post","link":"http:\/\/www.agencywebdesigners.com\/index.php\/2025\/07\/09\/ai-kingpin-nvidia-crowned-as-first-public-company-with-a-4-trillion-valuation\/","title":{"rendered":"AI kingpin Nvidia crowned as first public company with a $4 trillion valuation"},"content":{"rendered":"<p><strong>By MICHAEL LIEDTKE, AP Technology Writer<\/strong><\/p>\n<p>SAN FRANCISCO (AP) \u2014 Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.<\/p>\n<aside class=\"related left\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-section\">Related Articles<\/h2>\n<ul>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/10\/japanese-head-spa-sauna-colf-plunge-eybrows-hair-denver\/\" title=\"Treat yourself: These Denver self-care spots are worth the cost\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tTreat yourself: These Denver self-care spots are worth the cost\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/10\/quiktrip-lawsuit-denver-gas-station-restrictions-rejected\/\" title=\"Judge rejects QuikTrip\u2019s lawsuit over new Denver gas station restrictions\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tJudge rejects QuikTrip\u2019s lawsuit over new Denver gas station restrictions\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/09\/king-soopers-safeway-workers-vote-on-contracts\/\" title=\"Union members start voting on King Soopers, Safeway contract proposals\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tUnion members start voting on King Soopers, Safeway contract proposals\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/09\/leclares-patisserie-retail-closing-colfax-construction\/\" title=\"Colfax construction takes out year-old pastry shop\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tColfax construction takes out year-old pastry shop\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/07\/09\/trump-trade-talks\/\" title=\"Trump\u2019s trade blitz produces few deals but lots of uncertainty\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tTrump\u2019s trade blitz produces few deals but lots of uncertainty\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>Although Nvidia\u2019s market value dipped back below $4 trillion by the time the stock market closed, reaching the milestone highlighted the upheaval being unleashed by an AI craze that\u2019s widely viewed as the biggest tectonic shift in technology since Apple co\u2014founder Steve Jobs unveiled the first iPhone 18 years ago. Underscoring the changing of the guard, AI bellwether Nvidia is now worth $900 billion more than Apple, which rode the iPhone\u2019s success to\u00a0<a href=\"https:\/\/apnews.com\/article\/apple-market-value-trillion-dow-jones-7f47279af45cb00506515111b92b46b5\">become the first publicly traded company<\/a>\u00a0to valued at $1 trillion, $2 trillion and eventually, $3 trillion.<\/p>\n<p>Nvidia\u2019s rise as come as Apple has struggled to deliver on its ambitions to infuse the iPhone and other products with more AI with an array of new features that included\u00a0<a href=\"https:\/\/apnews.com\/article\/apple-artificial-intelligence-siri-iphone-software-conference-4217d67977f95ead880835a71ecce098\">a more than year-old promise<\/a>\u00a0to smarten up its often bumbling virtual assistant Apple\u00a0<a href=\"https:\/\/apnews.com\/article\/apple-conference-iphone-artificial-intelligence-ba918c2091e0d49a8b3f164e4f980b6e\">acknowledged last month<\/a>\u00a0that delivering on its AI vision is going to take until at least next year, leading some industry analysts to wonder if the company will have to acquire an AI start-up to regain momentum.<\/p>\n<p>In the meantime, former\u00a0<a href=\"https:\/\/apnews.com\/article\/jony-ive-openai-chatgpt-52c72786e54f0ead8b04d037c30d6754\">Apple design guru Jony Ive has joined forces with OpenAI<\/a>\u00a0to work on a wearable AI device that could challenge the iPhone while Nvidia has been scrambling to meet the feverish demand for its specialized chips that power the energy-intensive data centers underlying artificial intelligence.<\/p>\n<p>And tech giants Microsoft, Amazon, Google parent Alphabet and Facebook parent Meta Platforms are upping the AI ante too, collectively budgeting about $325 billion for investments in the technology this year \u2014 with a significant amount of that money likely to flow into Nvidia\u2019s coffers.<\/p>\n<p>The ravenous appetite for Nvidia\u2019s chips are the main reason that the company\u2019s stock price increased by 10-fold since early 2023, catapulting its market value from about $400 billion to $4 trillion. After exceeding $4 trillion for the first time early Wednesday, Nvidia\u2019s shares backtracked below that threshold at their closing price of $162.88.<\/p>\n<p>But most analysts don\u2019t expect the price to stay below $163 for long. In a sign of the pervasive optimism surrounding Nvidia, CFRA analyst Angelo Zino on Wednesday issued a research note predicting the stock will climb to $196 within the next year to push the company\u2019s market value to $4.8 trillion.<\/p>\n<p>Nvidia\u2019s rapid rise also has anointed the company\u2019s founder and CEO Jensen Huang as \u201cthe godfather\u201d of AI, whose dissertations about the technology\u2019s direction attract enraptured audiences. Huang\u2019s widening fame also has been accompanied by a fattening fortune, now estimated at $142 billion.<\/p>\n<p>It looked like Nvidia may have hit a road block in early April when President Donald Trump unveiled sweeping tariffs and triggered widespread selloff in the stock market that hit the tech sector especially hard. At its nadir, Nvidia\u2019s stock price slipped below $87.<\/p>\n<p>But Nvidia quickly bounced and in late May delivered\u00a0<a href=\"https:\/\/apnews.com\/article\/nvidia-earnings-report-quarterly-ai-chips-77c031067a61996ef4baa2ae3eb10a81\">another stellar quarter<\/a>, highlighted by an $18.8 billion profit, despite a $4.5 billion hit to account for U.S. government restrictions on the sale of some of its chips to China.<\/p>\n<p>The Santa Clara, California, company is scheduled to release its next quarterly report on Aug. 27.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MICHAEL LIEDTKE, AP Technology Writer SAN FRANCISCO (AP) \u2014 Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors. Related Articles Treat yourself: These Denver self-care&hellip;<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/736"}],"collection":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/comments?post=736"}],"version-history":[{"count":1,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/736\/revisions"}],"predecessor-version":[{"id":737,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/736\/revisions\/737"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media?parent=736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/categories?post=736"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/tags?post=736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}