Chipmaker Nvidia becomes first company to surpass $4 trillion in valuation
Chipmaker Nvidia becomes first company to surpass $4 trillion in valuation

Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy.
Read the full article on CBS Money
Truth Analysis
Analysis Summary: The article's central claim that Nvidia became the first company to surpass $4 trillion in valuation is questionable based on the provided sources. While some sources anticipate Nvidia reaching this milestone (Verification Source #4, Verification Source #5), others suggest Apple has already reached a similar valuation (Verification Source #2). The article exhibits a slight positive bias towards Nvidia, focusing on its success without acknowledging potential counterarguments or alternative perspectives.
Detailed Analysis:
- Claim: Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy.
- Verification Source #2: States that Apple reached a $3 trillion valuation. It also mentions a target that would take Apple close to a $4 trillion valuation. This suggests Apple may have been close to or reached the $4 trillion mark before Nvidia.
- Verification Source #3: Mentions Nvidia's stock market value at $3.89 trillion "6 days ago," indicating it hadn't yet reached $4 trillion at that point.
- Verification Source #4: Discusses whether Nvidia will be the first to reach $4 trillion, implying it hadn't happened yet as of November 20, 2024.
- Verification Source #5: Discusses how Nvidia could become the first $4 trillion company.
- Verification Source #1: States Nvidia was the first chipmaker to reach $2 trillion.
- Verdict: The claim is mixed. While Nvidia may have reached $4 trillion at some point, the "first company" claim is contradicted by Verification Source #2, which suggests Apple was close to or at that valuation earlier. The other sources don't definitively confirm or deny the claim but imply it was a future possibility or a recent event.
Supporting Evidence/Contradictions:
- Evidence supporting Nvidia's growth: Verification Source #1 and Verification Source #5 highlight Nvidia's previous milestones, such as being the first chipmaker to reach $1 trillion and $2 trillion, respectively.
- Evidence contradicting the "first company" claim: Verification Source #2 states Apple reached a $3 trillion valuation and was projected to approach $4 trillion, suggesting it may have been the first to reach that level.
- Lack of Coverage: The exact date when Nvidia supposedly reached $4 trillion is not consistently covered across all sources, making precise verification difficult.