Nvidia Briefly Tops Apple's Peak Value; Wall Street Maps $5T Path in 18 Months

TradingKey - On July 3, NVIDIA (NVDA) shares surged strongly, rising as much as 2.4% intraday to $160.98, pushing its market value above $3.92 trillion. This briefly exceeded Apple’s closing market capitalization record of $3.915 trillion set on December 26, 2024.

However, by market close, NVIDIA’s stock settled at $159.34, up 1.33%, with its market value fixed at $3.89 trillion, narrowly trailing Apple’s record.

(Source: TradingKey)

Since June 2025, NVIDIA’s stock has gained 17.92%, and as of July 3, it has risen 18.67% year-to-date. From its April 2025 lows, the stock has surged over 68%.

In the 2024 global fabless chipmaker revenue rankings, NVIDIA achieved a 125% growth rate, far outpacing peers (the highest growth among others was only 21%), driving a 19% expansion in the global semiconductor IC industry.

Wedbush analyst Dan Ives predicts NVIDIA’s market value will cross $4 trillion in summer 2025 and could reach $5 trillion within the next 18 months. 

NVIDIA CEO Jensen Huang stated that AI and robotics represent “a multitrillion-dollar opportunity,” and the company will push forward applications in autonomous vehicles, smart factories, and other scenarios, highlighting its long-term potential.