Nvidia Regains Crown as World’s Most Valuable Company After Strong Earnings

Nvidia stock surges, reclaiming the title of the world’s most valuable company. Market cap surpasses Microsoft, reaching approximately $3.44 trillion.

Nvidia’s stock skyrocketed on Thursday, propelling the AI chip leader back to the top spot among the world’s most valuable companies.

Nvidia (NVDA) shares climbed 4% during Thursday’s trading session, boosting the company’s market capitalization by over $100 billion. This surge pushed Nvidia’s market cap to around $3.44 trillion, narrowly overtaking Microsoft’s (MSFT) $3.41 trillion valuation.

The rally followed a robust quarterly earnings report released Wednesday afternoon. Nvidia posted record-breaking revenue for its fiscal first quarter, driven by sustained demand for AI technologies.

For nearly a year, Nvidia, Microsoft, and Apple (AAPL) have been vying for the title of the world’s most valuable company, each having crossed the $3 trillion market cap threshold. Nvidia first hit this mark roughly a year ago, while Apple achieved it in June 2023 and Microsoft in January 2024.

Economic and trade uncertainties have impacted all three companies this year, but Nvidia and Microsoft have largely shrugged off the challenges. Since the start of 2025, Nvidia’s stock has gained about 5%, while Microsoft’s has risen around 9%. In contrast, Apple’s shares have slumped approximately 20%, weighed down by President Donald Trump’s stringent tariffs on China, where Apple conducts most of its manufacturing, coupled with pressure to relocate production to the US.

Despite Thursday’s leap, Nvidia’s market cap remains below its all-time high of $3.66 trillion, recorded earlier in January when its stock peaked.