California-based chipmaker Nvidia Corp. has become the world’s most valuable company, reaching a historic $4 trillion market capitalization amid surging investor confidence in the generative artificial intelligence (AI) boom.
The milestone solidifies Nvidia’s dominance in the AI hardware space, as its advanced graphics processing units (GPUs) continue to power everything from conversational AI models like ChatGPT to enterprise-scale data centers. The company’s valuation has doubled in just five months, having crossed the $2 trillion mark in February and the $3 trillion threshold in June.
“This is not just a market moment—it’s a turning point,” said Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory and asset management firms. “Nvidia passing $4 trillion signals that AI is now the defining economic engine of our time. It’s a wake-up call for investors to approach AI not just seriously, but strategically.”
Green emphasized that while Nvidia’s ascent is historic, investors should avoid tunnel vision. “Yes, Nvidia is the clearest winner today. But the AI economy is far broader, and the real opportunity lies in the wider ecosystem emerging around it,” he said.
That ecosystem, according to Green, spans sectors from AI infrastructure and enterprise software to robotics, cybersecurity, and memory technologies. With AI adoption accelerating across industries—healthcare, logistics, education, and finance among them—supporting technologies and applications are also becoming key drivers of growth.
“AI isn’t confined to chips anymore,” Green noted. “From data center cooling systems to AI-powered analytics, the next wave of value creation is unfolding in unexpected areas.”
Despite concerns over lofty valuations, policy headwinds, and potential market volatility, Green remains optimistic. He acknowledged risks ranging from export controls to rising regulatory scrutiny, but described them as “short-term tremors” in a broader transformation.
“AI is not a bubble—it’s a foundational shift, on par with electricity or the internet,” he said, projecting trillions in future productivity gains and the rise of a new generation of AI-native companies.
“The key now is positioning,” Green concluded. “Own the leaders, but also seek out the enablers and adopters. The $4 trillion milestone is just the beginning—we’re still in the early innings of an AI-driven economic realignment.”
