Saturday, July 19, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Technology

Nvidia Becomes World’s Most Valuable Company Again as AI Boom Lifts Stock

by Riah Marton
in Technology
Nvidia Becomes World’s Most Valuable Company Again as AI Boom Lifts Stock
Share on FacebookShare on Twitter


Nvidia stock soared to new heights on Wednesday, allowing the company to once again become the most valuable publicly traded firm in the world. The California-based chipmaker saw its shares climb more than 4%, hitting a record price of $154.10. That surge brought Nvidia’s total market capitalization to $3.76 trillion, pushing it ahead of Microsoft, which was valued at $3.65 trillion after a smaller 0.2% gain in its share price.

Nvidia
X

The recent rally in Nvidia‘s stock was largely driven by a positive report from Loop Capital. The financial firm raised its price target for Nvidia to $250, up from $175, while maintaining a strong “buy” recommendation. Loop Capital analyst Ananda Baruah wrote that the market is entering what he described as a “Golden Wave” of generative artificial intelligence (Gen AI) adoption. He added that Nvidia is in a leading position to benefit from the next major phase of AI-driven demand for advanced computing hardware.

This enthusiasm for Nvidia reflects renewed investor interest in artificial intelligence, a trend that has sparked enormous gains in technology and semiconductor stocks over the last few years. Nvidia’s chips are considered among the best for running complex AI models, and demand continues to climb as industries adopt AI tools more widely.

Interestingly, despite its steep rise, Nvidia’s valuation still appears reasonable to some investors. The company is currently trading at around 30 times projected earnings for the next year, based on data from LSEG. That is below its five-year average price-to-earnings ratio of 40, indicating that Nvidia’s strong earnings growth is keeping pace with its rising stock price.

Nvidia, Microsoft, and Apple have been competing for the title of the world’s most valuable company over the past year. Microsoft recently held the top spot after overtaking Nvidia earlier in June. Meanwhile, Apple’s stock also edged up by 0.4% on Wednesday, placing its total valuation at $3.0 trillion.

Nvidia’s rebound has been especially notable considering it had dropped significantly in April. The fall came after comments from former President Donald Trump about global tariffs, which triggered market jitters. However, Nvidia has since gained over 60% from its April low, fueled by investor optimism that the U.S. government will resolve trade disputes and avoid damaging tariffs on tech imports.

Tags: BoomCompanyLiftsNvidiaStockValuableWorlds
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Israel Labels Iran’s Central Bank as Terror Entity Amid Rising Tensions

Israel Labels Iran's Central Bank as Terror Entity Amid Rising Tensions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In