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Nvidia’s market capitalization has surpassed $4 trillion, driven by the AI sector’s growth, even nearing India’s GDP. The surge followed the unveiling of Comet, an AI-enhanced web browser by Perplexity AI, backed by Nvidia. This new browser aims to challenge Google Chrome’s dominance in the market, offering AI-driven navigation and task execution.
Nvidia Corporation’s market capitalization has crossed the $4 trillion mark! Nvidia Corporation, the US chipmaker giant, became the first company in the world to cross the $4 trillion market valuation figure. Nvidia achieved this significant milestone on Wednesday when its shares increased by approximately 3% on Nasdaq, reaching their highest point in 52 weeks, driven by the artificial intelligence sector’s expansion.
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What’s even more astounding is that Nvidia’s market cap is just shy of India’s estimated GDP. According to an ET report, a modest 5% increase in Nvidia’s share price would elevate its market value beyond the total GDP of India.India’s GDP is estimated at $4.2 trillion, according to the IMF, with projections indicating growth to $4.27 trillion soon, the report said.The company’s stock performance has been exceptional, showing gains exceeding 24% over the previous year and 18% in 2025 to date, significantly outpacing the Nasdaq Composite, which recorded gains of 11% and 6.5% respectively.The Wednesday share price increase coincided with the announcement from Nvidia-supported Perplexity AI regarding their introduction of Comet, an innovative web browser featuring AI-enhanced search capabilities.
This venture, established by Jensen Huang, aims to compete directly with the current market leader, Alphabet’s Google Chrome.Perplexity AI has entered the browser market with a new offering that uses artificial intelligence to handle user navigation and decision-making autonomously, according to Reuters.The report highlighted Google Chrome’s dominant position in the global browser landscape, commanding 68% market share in June, significantly outperforming competitors Safari, Microsoft Edge, and Firefox, as per StatCounter data.Nvidia’s market capitalization is more than its primary competitors, with Microsoft and Apple valued at $3.7 trillion and $3.1 trillion respectively.The new browser, Comet, supported by prominent investors including Jeff Bezos and SoftBank, offers a consolidated platform for queries, task execution, and research. It features an integrated assistant capable of product comparisons, content summarisation, scheduling, and simplifying complex processes through conversational interactions.
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