Catenaa, Wednesday, July 02, 2025- Nvidia reclaimed the top spot among the most valued companies worldwide in June, as its shares gained to an all-time high of $158 with renewed optimism on AI leadership.
The chipmaker’s market value stood at $3.86 trillion at the end of June, about 4.3% higher than Microsoft $3.69 trillion valuation.
Nvidia stock gained by about 12% in June, and the stock is up by almost 15% so far in the year.
However, Nvidia’s market value has yet to surpass Apple’s record high of about $3.92 trillion set in December 2024. Apple, with a market capitalization of $3.1 trillion, ranked as the third most valuable company at the end of last month.
Meta Platforms, Broadcom, and Amazon saw their market values rise by 14%, 13.9%, and 7% respectively, last month, reaching $1.86 trillion, $1.3 trillion, and $2.33 trillion.
The market value of Tesla dropped 8.3% to $1.02 trillion last month, with sentiment hit by CEO Elon Musk’s feud with U.S. President Donald Trump.
While Microsoft, Nvidia and Meta have been responsible for roughly half of the S&P 500’s gains this year, Netflix, Broadcom and Palantir Technologies have also been big contributors.
The Magnificent Seven, which also includes Amazon, accounts for about a third of the S&P 500, roughly the same as the combined weighting of 7 of the benchmark’s 11 main sectors. Amazon shares are roughly flat in 2025.
Apple, the third-most-valuable company in the S&P 500, has seen its shares drop 17% this year amid tariff concerns and problems developing artificial intelligence services. Alphabet, the $2.1 trillion internet advertising giant, is down 7% amid fears that AI chatbots will eat into its lucrative Google search business.
Meanwhile, Tesla Inc. is down 26% amid slumping electric vehicle sales.
