Nvidia Surpasses $4 Trillion Mark, Largest Global Public Company

Nvidia (NASDAQ: NVDA) shares rose 0.7% on July 10, closing at $164.10 and surpassing a $4 trillion market cap, making it the largest public company globally. The S&P 500 and Dow Jones also saw gains, with AMD climbing 4.2% to $144.16 after an analyst upgrade, and Intel rising 1.62% to $23.82 on positive restructuring news. Nvidia traded with lighter volume but remains technically strong above its moving averages. Positive catalysts include OpenAI’s preference for Nvidia GPUs and development of China-compliant AI chips. Goldman Sachs initiated coverage with a “buy” rating and $185 price target.

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Read more at Nasdaq: Stock Market Today: Nvidia Sets New Standard, Closes Above $4 Trillion Mark