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Nvidia: on top of the world

The semiconductor maker has become the biggest company in global stockmarket history. Can its run continue? Matthew Partridge reports

Chipmaker Nvidia is the first listed company on record to reach a market capitalisation of $4trn, says Blake Montgomery in The Guardian. The milestone follows a multi-year “stratospheric” ascent and comes just over two years after it eclipsed a market value of $1trn. The stock has surged 74% since its lows a few months ago. Nvidia is ahead of Microsoft, another one of the “poster children of the AI revolution”, which has a market cap of $3.75trn. Nvidia is now worth 7.3% of the entire S&P 500 in...

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