Nvidia has made a historic leap on Wall Street, reaching a market capitalization of 3.53 trillion dollars and surpassing Apple as the most valuable company in the world. This 0.8% increase in the price of its shares reflects the strong demand for its specialized artificial intelligence (AI) chips, solidifying the manufacturer’s leadership position in the technology sector.
This achievement by Nvidia is not isolated, as earlier this year the California-based company also reached the top by surpassing Microsoft in market value. However, market fluctuations have maintained intense competition among the tech giants, with Apple and Microsoft alternating in the top spot in recent months. Now, Nvidia is back at the forefront, supported by sustained growth and a strategic vision that has captivated investors.
The key to Nvidia’s success lies in its strong focus on artificial intelligence. The company, which recently launched its latest generation chip Blackwell, has captured unprecedented demand in the AI market, boosting its market value and raising its growth projections. Currently, Nvidia dominates nearly 80% of the AI chip market, a position that seems to be solidified thanks to the massive adoption of artificial intelligence by companies in multiple sectors, which has increased orders for its products.
Financial analysts project a significant increase in Nvidia’s value, with Bank of America raising its price target for the stock to $190, up from the previous $165. This optimism is based on the increasing use of AI applications in the business sector and the expectation that companies will continue to invest in technological infrastructure, as long as economic stability is maintained in the United States.
The impact of Nvidia is also reflected in the movements of its strategic partners. Taiwan Semiconductor Manufacturing Company (TSMC), one of Nvidia’s main suppliers, expects to triple its revenue from AI server processors this year, a sign of the explosive growth in this industry. In turn, giants like Microsoft have significantly increased their orders of Nvidia chips, a clear bet on this technology as a pillar of the future of digital infrastructure.
The demand for AI chips continues to rise, and investment in related infrastructure is estimated to multiply by ten by 2027. This trend positions Nvidia as an essential provider for the development of the technological ecosystem, solidifying its relevance in shaping a future increasingly driven by artificial intelligence.
With these factors at play, Nvidia not only consolidates its leadership in the chip market but also reinforces its role as a driver of the digital revolution in a scenario where artificial intelligence has become the central focus of innovation and economic growth.