Nvidia becomes world's first $4T company, topping Apple and Microsoft in remarkable comeback

Core Insights - Nvidia has achieved a market capitalization of $4 trillion, becoming the first public company to reach this milestone, reflecting its strong position in the market and investor confidence in its growth potential [1][5][6] - The company's stock has seen significant growth, rising 2.5% to an all-time high of $164, driven by increasing demand for artificial intelligence technologies [1][6] - Nvidia's market value has tripled from $1 trillion in June 2023, outpacing other major companies like Apple and Microsoft [3][6] Financial Performance - Nvidia reported total revenue of $44.1 billion in the first quarter, a 69% increase year-over-year, with a profit of 81 cents per share [6] - For the second quarter, Nvidia anticipates revenue of $45 billion, with a margin of plus or minus 2%, and will release its second-quarter results on August 27 [7] Market Position - Nvidia holds a 7.3% weight in the S&P 500, the largest among the index, while Apple and Microsoft account for approximately 7% and 6%, respectively [4] - The company's market capitalization exceeds the combined value of the Canadian and Mexican stock markets and is greater than the total value of all publicly listed companies in the UK [4] Valuation Metrics - Nvidia's stock trades at a 12-month forward price-to-earnings ratio of 32, which is below its three-year average of 37, indicating potential for further growth [6]