Nvidia Becomes the World's Most Valuable Public Company Again

On June 3, 2025, Nvidia’s stock price jumped nearly 3%, closing at $141.4 and propelling the chipmaker to a market capitalization of $3.45 trillion. This impressive milestone made Nvidia the most valuable tech company globally, narrowly surpassing Microsoft’s $3.44 trillion valuation.

This development highlights Nvidia’s growing dominance in the AI chip market and investor confidence in the company's long-term position in the semiconductor industry.

Tech Titans Compete for Market Cap Supremacy

Since mid-2023, Nvidia $NVDA has consistently rotated among the top three positions by valuation, alongside Apple and Microsoft. The chipmaker last held the number-one rank on January 24.

This ongoing shift reflects a volatile race among tech giants, as companies battle for leadership in the evolving AI-driven technology economy.

Strong Financial Results Fuel Nvidia’s Momentum

Nvidia’s latest Q1 2025 earnings report boosted investor optimism:

• Revenue: $44.06 billion — up 69% year-over-year

• Adjusted EPS: $0.96

These results stem from the continued surge in demand for Nvidia’s AI accelerators — advanced GPUs designed to power a wide range of artificial intelligence applications, from machine learning models to data center solutions.

Semiconductor Sector Joins the Rally

Nvidia’s rise is part of a broader semiconductor rally:

Notable Gainers:

• Broadcom: +3%

• Micron Technology: +4%

• VanEck Semiconductor ETF: +2%

These gains illustrate growing confidence in chipmaker stocks, as AI adoption fuels a new wave of investment in high-performance computing hardware.

AI Infrastructure as the Growth Engine

Nvidia’s chips form the backbone of AI infrastructure projects at major global tech companies:

Nvidia AI Clients:

• Microsoft $MSFT

• Google $GOOGL

• Meta $META

• Amazon $AMZN

• Oracle $ORCL

• xAI (Elon Musk’s AI venture)

These firms rely on Nvidia’s technology to build next-generation AI clusters capable of running large language models and generative AI platforms.

Conclusion — Nvidia’s Leadership Reflects AI Megatrend

Nvidia’s return to the top of the global market capitalization ranking reflects its strategic importance in the era of artificial intelligence. Backed by record-breaking financials, leading technology, and deep partnerships with tech giants, Nvidia is well-positioned to shape the future of the semiconductor industry.

To maintain its dominance, the company will need to continue delivering innovation in AI computing, expand its infrastructure partnerships, and respond to increasing competition from other top semiconductor companies.