Nvidia has become the world’s first company to reach a $4 trillion market valuation, defying mounting global trade tensions sparked by Donald Trump.
Shares in the US-based semiconductor giant climbed 2.6% to over $164 shortly after markets opened in New York, propelling the S&P 500 closer to the record highs it hit last week.
The milestone comes even as Trump intensified his protectionist stance, announcing plans for a 50% tariff on copper imports — a critical component in electronics manufacturing — and outlining new tariff rates targeting 14 countries. He also signalled that further updates on the trade status of at least seven more nations would follow today.
Despite the heightened rhetoric, investors appeared unfazed, with traders largely shrugging off the latest salvo in Trump’s trade campaign.
Nvidia Shares Still ‘Attractive’ Despite $4 Trillion Valuation, Says Broker
Nvidia may have just become the most valuable company in history, but a top analyst believes its shares still offer significant upside.
Matt Britzman of Hargreaves Lansdown said the chipmaker’s “adaptability and relentless innovation” continue to distinguish it, even as it faces ongoing supply constraints and geopolitical uncertainty.
“While it might seem unusual to call a $4 trillion company attractive, Nvidia still presents a strong investment case,” Britzman said. “Growth is expected to slow, and it could cede some market share as competition and custom silicon ramp up. But trading at a relatively modest 32 times expected earnings — with more than 50% revenue growth forecast this year — there’s still real opportunity here.”
He added that for investors looking to benefit from the AI revolution, Nvidia remains “a compelling way to gain exposure — not just as a participant, but as one of its architects.”
