Nvidia Becomes First $4 Trillion Company: Here’s the Top 5 by Market Cap

On July 9, as demand for its processors is fueled by the artificial intelligence boom, Nvidia became the first publicly traded business to attain a $4 trillion market valuation, surpassing other well-known giants.

While investors and observers are interested in market capitalization, or market cap, it is distinct from a company’s total valuation, which takes into account market cap as well as a more comprehensive evaluation of its worth.

On July 10, Nvidia’s market capitalization suffered a modest decline to $3.98 trillion after briefly reaching $4 trillion. Wall Street’s confidence about AI growth and the chipmaker in general is indicated by the company’s high market value.

Nvidia beat other big businesses with more well-known brands to achieve the historic milestone.

These are the top 5 companies with the largest market caps as of right now:

1. Nvidia

Nvidia boasts the highest market capitalization at $3.98 trillion.

Established in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, the company initially concentrated on creating multimedia processors and graphics chips. Its graphic processing units (GPUs) enhanced the aesthetics and experience of gaming while revolutionizing video editing.

The landscape shifted when Nvidia began leveraging its technology to create chips tailored for artificial intelligence. Nowadays, numerous leading companies rely on this hardware as they persist in investing in cutting-edge technology.

2. Microsoft

Founded in 1975 by Bill Gates and Paul Allen, just a year prior to Apple, Microsoft currently holds a market cap of $3.73 trillion.

Widely recognized for its Windows operating system, the company offers an extensive range of products. White-collar professionals are all too familiar with the sound of a Microsoft Teams notification. Additionally, the company manufactures hardware, Xbox consoles, and the Edge web browser.

Throughout the years, it has acquired LinkedIn, GitHub, and Skype, while also forming a strategic partnership with and investing in OpenAI.

3. Apple

In 1976, Apple, which was founded by Steve Jobs, Ronald Wayne, and Steve Wozniak, started promoting its first computer. With its personal gadgets and well-known products—such as iPhones, MacBooks, and AirPods—it has swept the globe in the decades that have followed. Additionally, it introduced iCloud, AppleTV+, iTunes, Apple Music, and the App Store.

With a heavy dependence on international labor markets for product manufacturing, investors are keenly observing how it adjusts to the new tariff landscape. Nevertheless, the company continues to be very profitable, boasting a current market capitalization of $3.17 trillion.

4. Amazon

Amazon’s market capitalization has surged to $2.36 trillion, securing its position at number 4 on this list.

What began as an online bookstore in Jeff Bezos’ garage has evolved into a global marketplace where consumers can purchase nearly anything. In terms of market cap, it has surpassed Walmart to become the largest retailer in the world.

The company is also recognized for its cloud computing services, digital streaming, book publishing, and consumer electronics like Kindle, Echo, and Alexa. Additionally, it owns several other businesses, including Whole Foods Market and Audible, and has even ventured into the healthcare sector.

5. Alphabet

Alphabet Inc., the parent company of Google, ranks number 5 on this list, with a current market cap of $2.16 trillion.

The company’s journey began in 1998 when Larry Page and Sergey Brin developed what would become the most widely used search engine globally. Over the years, Google has diversified, offering email services, Android mobile devices, and cloud computing solutions. It also acquired YouTube in 2006 and restructured into Alphabet Inc. in 2015.

Furthermore, it is investing in artificial intelligence development and promoting its own AI model, Gemini.