Nvidia achieved a $1 trillion market value for the first time back in June 2023 and the surge continued unabated with its market value more than tripling in about a year, faster than Apple and Microsoft, the only other U.S. firms with a market value of more than $3 trillion. Microsoft is the second biggest U.S. company, with a market cap of $3.75 trillion. Nvidia has rebounded about 74% from its April lows, when global markets were jolted from U.S. President Donald Trump's tariff volley.