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Stellar Nvidia leads gang of three

The Observer

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July 13, 2025

Chipmaker Nvidia last week became the first company ever to reach a $4tn stock market valuation - just 13 months after it reached $3tn, when it was behind only Microsoft and Apple, which had become the first $1tn company in August 2018.

Nvidia is now the clear leader of the so-called Magnificent Seven companies (with Microsoft, Apple, Amazon, Google parent Alphabet, Facebook owner Meta and Tesla) whose shares have soared on growing investor excitement about artificial intelligence.

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