Nvidia has once again claimed the title of the world’s most valuable company, overtaking tech giant Microsoft, as surging demand for artificial intelligence (AI) chips continues to push its market value to new heights. On Tuesday, Nvidia’s shares climbed by 3.4%, boosting its market capitalization to approximately $3.45 trillion slightly ahead of Microsoft’s $3.44 trillion.
This isn’t Nvidia’s first time at the top. The company briefly took the number one spot earlier on January 24, 2025, but was soon overtaken. Its resurgence is driven by record-breaking financial results and aggressive expansion into AI infrastructure and global partnerships.
For the fiscal first quarter ending April 27, Nvidia posted revenues of $44.1 billion up 12% from the previous quarter and 69% from the same period last year. A large chunk of this came from continued strong demand for AI chips, especially in data centers. Notably, Nvidia earned $4.6 billion in sales from its H20 chip line alone, despite regulatory pressure and international trade hurdles.
Beyond semiconductors, Nvidia is making strategic moves in AI systems. The company aims to build up to $500 billion worth of AI infrastructure globally within the next four years. This includes AI supercomputers and large-scale data centers, vital for meeting rising enterprise and government demand for AI services.
In a major step toward domestic production, Nvidia has started manufacturing its advanced Blackwell AI chips in Arizona. It is also building a vast AI supercomputer hub in Texas, in partnership with Foxconn. This facility spans over one million square feet and is part of Nvidia’s push to localize production and strengthen its global supply chain.
In May, Nvidia announced its ambitious ‘Stargate UAE’ project, which aims to create the world’s largest cluster of AI data centers outside the US. The project will begin in Abu Dhabi and is being developed with support from leading tech players such as OpenAI, Oracle, SoftBank Group, and Cisco. The initiative is set to make high-end AI capabilities more accessible to companies and governments in regions beyond North America.
Cloud partnerships also play a vital role in Nvidia’s momentum. The company’s latest earnings report detailed collaborations with major providers including Amazon Web Services (AWS), Google Cloud, Microsoft Azure, and Oracle Cloud. All these platforms plan to deploy Nvidia’s Blackwell chips, making high-performance AI tools available to a broader base of customers and developers worldwide.
Nvidia's meteoric rise showcases the transformative power of AI in reshaping global technology markets and confirms its position as the leader in next-generation computing. With continued investments and groundbreaking global initiatives, the company appears poised to hold its place at the top for the foreseeable future.
