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It’s official. Nvidia (NASDAQ: NVDA) just became the first company to hit a $4.5 trillion market cap. It’s a big comeback after a rocky start to the year. You might remember how back in January… Chinese AI startup DeepSeek sparked fears that demand for Nvidia’s chips could slow. That ended up being a nothingburger… But the news sent the stock sliding. Then in April Nvidia stock took ANOTHER hit. President Trump dropped new tariffs and banned Nvidia’s H20 chips from being sold to China. That cost the chipmaker $2.5 billion in lost revenue for Q1 – and another $8 billion in Q2. Nvidia stock hit a yearly low on April 4, closing at just over $94 per share. But May proved to be a turning point for the company. The company inked new deals with Saudi Arabia and the UAE to supply hundreds of thousands of AI chips. Together with blowout earnings… The news sent the stock soaring again. By early June, Nvidia briefly passed Microsoft (NASDAQ: MSFT) to become the world’s most valuable company. And today it just became the first company to hit a $4.5T market cap. Ian Wyatt
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