Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.

NVIDIA was briefly worth $4 trillion this week. The tech giant passed that milestone and became the first $4 trillion company following a 2.5% increase in stock value at one point on July 9, 2025. The valuation of NVIDIA has since dropped to around $3.97 trillion.

Microsoft and Nvidia could both soon hit $4 trillion in market cap. Some analysts believe that there may still be more upside ahead, and that one or both of these companies could soon be worth $5 trillion.

Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization value, 13 months after surpassing the $3 trillion mark and making it the world’s most valuable company ahead of Apple and Microsoft.

Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.

Here's why Nvidia will likely become the first company to surpass $4 trillion in market value, what Nvidia and Microsoft must do to continue rising in price, and whether either growth stock is a buy now.