Nvidia and Microsoft approach $4 trillion market value thanks to AI development

American tech giants Nvidia and Microsoft may soon join an extremely narrow list of companies with a market capitalization of more than $4 trillion, writes The Wall Street Journal.

Both companies are growing on the wave of enthusiasm around artificial intelligence, but their paths to reaching a $4 trillion market capitalization are different.

Nvidia shows rapid profit growth by directly supplying high-performance chips needed to train large language models.

Microsoft, on the other hand, is investing in infrastructure, software, and partnership with OpenAI, and the financial impact of these investments is not yet so obvious.

However, it is the expectations of future revenues from the development of artificial intelligence that allow Microsoft to grow and maintain its position as one of the most valuable businesses in the world.

Analysts believe that Microsoft's future success depends on how the company integrates AI into everyday tools for businesses and users.

If both companies reach the $4 trillion mark, they will join Apple – the only company to have previously reached this level of valuation.

As of the end of June 2025, the market capitalization of Nvidia increased to $3.86 trillion, and Microsoft – to $3.69 trillion.

• Microsoft will evaluate employees for using internal AI. The company wants to check how often employees use AI tools.