(News Bulletin 247) – The company crossed this bar this Wednesday, July 9. The group recently reassured the market on its prospects.

Nvidia repels her records a little further. The company became, this Wednesday, July 9, the first company to exceed $ 4,000 billion in market capitalization (the total value of its shares).

Shortly before 4 p.m., the group’s market capitalization reached just over 4,000 billion dollars on Google Finance as well as on CNBC.com. Action is 2.6% won around 4 p.m. at Wall Street.

The first company to cross the $ 1,000 billion in market capitalization was the petrochina oil group in 2007. The $ 2,000 billion had then been first passed by Saudi Aramco in December 2019. Apple, for its part, was the first group listed to cross the $ 3,000 billion in January 2022.

“This is a historic moment for Nvidia, with a technological sector that shows its muscles,” said Dan Ives de Wedbush in a note. The analyst sees it as a sign that “the AI ​​revolution is entering its next growth phase, under the leadership of fleas (semiconductors, editor’s note) which feed the AI”, he continues.

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AI carries the results

Nvidia has benefited for almost three years from the rise of artificial intelligence (AI) for almost three years, in particular generative AI, that of large language models like GPT or Gemini. To generate the computing power necessary for the development of these models, the large tech groups massively buy graphic processors (GPU) from the company.

This resulted in hypercroissance of the results and benefits of Nvidia. Over its latest full financial year, Nvidia had seen its income climbing 126% to 60.9 billion dollars while its net profit had jumped from $ 286% to $ 32.3 billion. His stock market has exploded, taking 955% over three years.

However, his scholarship career has experienced some fairly ephemeral anicrings this year. First of all because of the prowess of Deepseek, a Chinese start-up which said that it has developed AI models at much lower costs than those of large American groups and by the most advanced graphic processors of Nvidia.

“The assertion that this model was built for $ 6 million without new generation Nvidia equipment is probably fiction,” said Dan Ives.

Investors were then worried about measures from the Trump administration, which restrict exports from the Nvidia fleas in China.

Reassuring results

At the end of May, Nvidia had nevertheless published results and especially reassuring perspectives. The company had published income of $ 44.1 billion for the first quarter of its 2025-2026 financial year, up 69% over one year, higher than expectations.

For the second quarter, the point that crystallized the fears of the market, Nvidia indicated to anticipate income of $ 45 billion. This figure included $ 8 billion in income loss linked to American restrictions which, since April 9, prevent the company from exporting IA chips intended specifically to the Chinese market.

Although infection of expectations, this forecast remained much above the figures that investors feared, some referring to an landing at $ 41 billion. “Assuming that the restrictions imposed by Trump on China have never taken place, the figures for this quarter would be around 53 billion dollars, which testifies to the massive historical demand that Nvidia sees manifest on a global scale as part of the AI ​​revolution,” said Dan Ives de Wedbush.

Bank of America had raised his target to $ 180 on action (against a course around 140 dollars currently). The bank noted that Blackwell, the company’s latest generation flea architecture, more efficient and more energy -efficient, was now running at full speed and management was confident about improving its gross margin later in the year.

Bank of America also pointed out that the group had now “derived” the subject of China, estimating the total loss of income caused by the Trump administration at $ 15 billion. In other words, the bad news has passed, and is now integrated into the lessons and forecasts of analysts.

More recently, at the end of June, the director general of Nvidia, Jensen Huang, had still reported a dizzying demand for the group’s products. The manager spoke of “a canvas of several billion dollars in IA and robotics opportunities and declaring that we are only at the start of a decade of a decade for AI infrastructure,” said Stephen Innes of Spi Aml. “Whether it is the sovereign AI, the arms race in the data centers or the Neocloud boom, the demand explodes and Nvidia is on the ridge,” concluded the market specialist.