Nvidia's fourfold jump in three years sets a rare precedent among mega-cap stocks

Nvidia's market value has swelled from under $1 trillion to $4.7 trillion since early 2023—a revaluation unmatched by any comparable company. The surge reflects investor conviction that tech giants will sustain massive spending on artificial intelligence infrastructure. This arc, not daily rankings against Apple, reveals how intensely capital is concentrated on a single structural bet.