Nvidia's market value exceeds the combined market capitalisation of Google and Facebook

American microchip manufacturer Nvidia has become the first company in history to exceed $5 trillion in market capitalisation. In doing so, the company has surpassed Apple and Microsoft, which have held the lead in the stock market in recent years. This was reported by the Statista platform.

Since January 2023, Nvidia's shares have risen by more than 1,300%, becoming the main symbol of the artificial intelligence ‘gold rush’. Investors see the company not just as a manufacturer of graphics processors, but as the technological infrastructure on which the new digital era is built.

To understand the scale of this, it is worth noting that

• Nvidia's market value is now higher than the combined capitalisation of Alphabet (Google) and Meta (Facebook);
• it also exceeds the combined value of Amazon, Walmart and Costco — the world's three largest retailers;
• and it is almost three times the combined capitalisation of Tesla, GM, Ford and Chrysler.

Even the combined value of giants such as Netflix, Disney, Comcast and Warner Bros. Discovery, does not even reach $1 trillion. And the combined market capitalisation of Coca-Cola, McDonald's, Starbucks and Chipotle is less than 15% of Nvidia's market value.

This rapid strengthening of the company's position reflects Wall Street's confidence in Nvidia's future potential and its dominance in the field of AI. However, some analysts warn that excessive optimism could conceal a ‘bubble’ similar to the dot-com era (author's note — companies whose business model is based on operating on the internet).

Nevertheless, over the past two years, Nvidia has repeatedly proven the sceptics wrong, increasing its market value from $750 billion in May 2023 to $5 trillion in November 2025. And while the entire tech world argues about where the peak is, the company continues to set the pace for a new era of artificial intelligence.