NVIDIA has regained its position as the world’s most valuable company after its shares surged by 4.33 per cent to close at a record high of US$154.31, according to a report by Anadolu Ajansi.
The rally propelled Nvidia’s market capitalisation to US$3.77 trillion, overtaking Microsoft and placing the chipmaker once again at the top of the global corporate hierarchy.
The latest share price surpassed Nvidia’s previous closing record of US$149.43, which was set on 6 January.
Nvidia continues to dominate the global market for graphics processing units (GPUs), which are essential for powering artificial intelligence (AI) systems and large language models.
Despite facing restrictions under a US export ban, the company’s performance has exceeded expectations.
In April, the US government under former President Donald Trump tightened export controls, halting sales of Nvidia’s H20 AI chip, which had been tailored to comply with earlier regulations.
As a result, the company wrote down US$4.5 billion in inventory and projected that the new measures could lead to a loss of up to US$8 billion in sales. Nvidia has since revised its outlook to exclude revenue from the Chinese market.
Nevertheless, the company reported robust financial results in May, with a 69 per cent increase in total revenue year-on-year, largely driven by a 73 per cent rise in its data centre segment. - June 26, 2025
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