Nvidia’s valuation reached a thumping $3 trillion since February, shortly after a 90-day pause was declared for the U.S.-China tariffs

Nvidia (NASDAQ: NVDA) first reached a market cap of $3 trillion in June 2024. The giant GPU maker remained above the threshold throughout much of the next eight months before a steep sell-off this year.

Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.

Nvidia's market cap has soared to $3.3 trillion, 35 times more than Intel's, reflecting its transformation from graphics card producer to AI leader.

Some analysts believe that AWS alone could eventually be worth $3 trillion -- which is roughly Nvidia's current market cap. Add in the value of its other businesses, and the case for Amazon outpacing the chipmaker becomes obvious.

Nvidia's stock rose over 5 per cent, pushing its value past $3 trillion. New global deals and upcoming faster AI chips are boosting investor confidence, despite trade worries and fears of lower tech spending.

NVIDIA reclaims $3 trillion and displays more upside potential. Invest in NVDA-heavy ETFs to participate in the company's growth.

Nvidia returned to the $3 trillion market cap club on Tuesday following the announcement of a major partnership with a state-backed Saudi Arabian AI company. Monitor these crucial chart levels.

Nvidia CEO Jensen Huang has seen his fortune skyrocket to nearly $120 billion, propelled by a surge in demand for AI chips and a landmark Saudi deal that pushed Nvidia’s market capitalisation past $3 trillion.